UniFirst Corp (UNF) To Go Ex-Dividend on December 5th

UniFirst Corp (NYSE:UNF) announced a quarterly dividend on Tuesday, October 29th, Zacks reports. Stockholders of record on Friday, December 6th will be paid a dividend of 0.25 per share by the textile maker on Friday, January 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date of this dividend is Thursday, December 5th. This is an increase from UniFirst’s previous quarterly dividend of $0.11.

Shares of NYSE:UNF opened at $205.00 on Tuesday. The stock has a market cap of $3.91 billion, a PE ratio of 24.06 and a beta of 0.71. The company’s fifty day moving average is $203.82 and its 200 day moving average is $189.51. UniFirst has a 52 week low of $132.38 and a 52 week high of $211.63.

UniFirst (NYSE:UNF) last announced its quarterly earnings data on Wednesday, October 23rd. The textile maker reported $2.40 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.96 by $0.44. UniFirst had a return on equity of 9.67% and a net margin of 9.49%. The firm had revenue of $479.62 million for the quarter, compared to analysts’ expectations of $471.41 million. During the same period last year, the firm earned $2.06 earnings per share. The company’s revenue for the quarter was up 10.5% compared to the same quarter last year. On average, equities research analysts predict that UniFirst will post 8.02 EPS for the current fiscal year.

A number of equities analysts have commented on the company. Zacks Investment Research reaffirmed a “hold” rating on shares of UniFirst in a research note on Saturday, October 26th. ValuEngine lowered UniFirst from a “buy” rating to a “hold” rating in a research note on Wednesday, September 11th.

About UniFirst

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. Rental and Cleaning, Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments.

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Dividend History for UniFirst (NYSE:UNF)

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