UniFirst Corporation increased its quarterly cash dividends, payable January 2, 2026, to shareholders of record December 5, 2025.
Quiver AI Summary
UniFirst Corporation's Board of Directors has announced an increase in quarterly cash dividends, declaring $0.365 per share for Common Stock and $0.292 for Class B Common Stock, both payable on January 2, 2026, to shareholders of record on December 5, 2025. Based in Wilmington, Massachusetts, UniFirst is a leading provider of uniforms, workwear programs, and facility services in North America. The company also specializes in managing garment programs for cleanroom and nuclear industries, alongside manufacturing its own branded products across five ISO-9001-certified facilities. With a workforce exceeding 16,000 and over 270 service locations, UniFirst services more than 300,000 customer sites daily. For additional information, stakeholders can contact UniFirst directly or visit their website.
Potential Positives
- UniFirst Corporation declared increased quarterly cash dividends, demonstrating strong financial performance and commitment to returning value to shareholders.
- The company shows stability and trust in future earnings by providing a consistent dividend payout plan.
- With a robust infrastructure of over 270 service locations and more than 2 million workers outfitted daily, UniFirst emphasizes its strong market presence and operational capability.
Potential Negatives
- Increased cash dividends may indicate a lack of reinvestment in growth opportunities, potentially affecting long-term revenue expansion.
- The specificity of the dividend payout may highlight issues with cash flow management if the company is prioritizing shareholder returns over operational investments.
- Declining share prices may suggest market concerns about the company's future performance despite dividend increases, potentially impacting investor confidence.
FAQ
What is the new dividend declared by UniFirst Corporation?
UniFirst Corporation declared increased quarterly cash dividends of $0.365 per share on Common Stock and $0.292 per share on Class B Common Stock.
When are the dividends payable to shareholders?
The dividends are payable on January 2, 2026, to shareholders of record on December 5, 2025.
Where is UniFirst Corporation headquartered?
UniFirst Corporation is headquartered in Wilmington, Massachusetts.
What services does UniFirst Corporation provide?
UniFirst Corporation supplies and services uniform and workwear programs, facility service products, first aid, and safety supplies and services.
How many employees does UniFirst have?
UniFirst has over 16,000 employee Team Partners and operates more than 270 service locations.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$UNF Hedge Fund Activity
We have seen 154 institutional investors add shares of $UNF stock to their portfolio, and 149 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JONES FINANCIAL COMPANIES LLLP removed 307,079 shares (-99.9%) from their portfolio in Q2 2025, for an estimated $57,798,409
- VOSS CAPITAL, LP removed 163,962 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $30,860,927
- JPMORGAN CHASE & CO removed 147,569 shares (-49.2%) from their portfolio in Q2 2025, for an estimated $27,775,437
- M&G PLC removed 122,101 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $22,981,850
- COOPER CREEK PARTNERS MANAGEMENT LLC added 102,928 shares (+inf%) to their portfolio in Q2 2025, for an estimated $19,373,108
- FIRST TRUST ADVISORS LP added 90,751 shares (+90.0%) to their portfolio in Q2 2025, for an estimated $17,081,153
- NUVEEN, LLC added 74,139 shares (+159.6%) to their portfolio in Q2 2025, for an estimated $13,954,442
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$UNF Analyst Ratings
Wall Street analysts have issued reports on $UNF in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Underweight" rating on 07/14/2025
To track analyst ratings and price targets for $UNF, check out Quiver Quantitative's $UNF forecast page.
$UNF Price Targets
Multiple analysts have issued price targets for $UNF recently. We have seen 3 analysts offer price targets for $UNF in the last 6 months, with a median target of $175.0.
Here are some recent targets:
- Joshua Chan from UBS set a target price of $182.0 on 10/23/2025
- Manav Patnaik from Barclays set a target price of $145.0 on 10/23/2025
- Andrew Steinerman from JP Morgan set a target price of $175.0 on 07/14/2025
Full Release
WILMINGTON, Mass., Oct. 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared increased quarterly cash dividends of $0.365 per share (36.5 cents) on the Company's Common Stock and $0.292 per share (29.2 cents) on the Company's Class B Common Stock. Both dividends are payable on January 2, 2026 to shareholders of record on December 5, 2025.
Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF) is a North American leader in the supply and servicing of uniform and workwear programs, facility service products, as well as first aid and safety supplies and services. Together with its subsidiaries, the Company also manages specialized garment programs for the cleanroom and nuclear industries. In addition to partnering with leading brands, UniFirst manufactures its own branded workwear, protective clothing, and floorcare products at its five company-owned ISO-9001-certified manufacturing facilities. With more than 270 service locations, over 300,000 customer locations, and 16,000-plus employee Team Partners, the Company outfits more than 2 million workers every day. For more information, contact UniFirst at 888-296-2740 or visit UniFirst.com.
| Contact: | Shane O’Connor |
| EVP and Chief Financial Officer | |
| 978-658-8888 |
