UniFirst declares quarterly dividends of $0.35 and $0.28 per share

Published 29/07/2025, 19:44
UniFirst declares quarterly dividends of $0.35 and $0.28 per share

WILMINGTON, Mass. - UniFirst Corporation (NYSE:UNF) announced Tuesday that its Board of Directors has declared regular quarterly cash dividends on its common stock. Shareholders of the company’s Common Stock will receive $0.35 per share, while Class B Common Stock holders will get $0.28 per share.

Both dividends will be payable on September 26, 2025, to shareholders of record as of September 5, 2025, according to a press release statement from the company.

UniFirst, headquartered in Wilmington, Massachusetts, is a North American provider of uniform and workwear programs, facility service products, and first aid and safety supplies. The company operates more than 270 service locations serving over 300,000 customer locations.

With approximately 16,000 employees, UniFirst supplies uniforms and workwear to more than 2 million workers daily. The company also manages specialized garment programs for cleanroom and nuclear industries, and manufactures its own branded workwear and protective clothing at five company-owned manufacturing facilities.

In other recent news, UniFirst Corporation reported its third-quarter fiscal 2025 earnings, revealing a modest earnings per share (EPS) beat alongside a slight revenue miss. The company achieved an EPS of $2.17, surpassing the analyst forecast of $2.10. However, UniFirst’s revenue reached $610.8 million, which fell short of the expected $614.5 million. In light of these results, UBS adjusted its price target for UniFirst to $194 from $196, while maintaining a Neutral rating on the company. This adjustment followed a 10% drop in UniFirst’s shares after the earnings release. Despite the revenue miss, the positive EPS surprise of 3.33% influenced investor sentiment. These developments reflect the market’s response to UniFirst’s financial performance and analyst assessments.

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