UniFirst Corporation declares quarterly cash dividends on its Common and Class B Common Stock, payable September 26, 2025.
Quiver AI Summary
UniFirst Corporation's Board of Directors announced the declaration of regular quarterly cash dividends of $0.350 per share for Common Stock and $0.280 per share for Class B Common Stock, payable on September 26, 2025, to shareholders of record by September 5, 2025. Headquartered in Wilmington, Massachusetts, UniFirst is a leading provider of uniform and workwear programs, facility service products, and first aid and safety supplies in North America. The company operates five ISO-9001-certified manufacturing plants and serves over 300,000 customers through more than 270 service locations, employing over 16,000 staff to outfit over 2 million workers daily. For further details, they can be contacted at 888-296-2740 or through their website.
Potential Positives
- The declaration of regular quarterly cash dividends demonstrates the company's commitment to returning value to its shareholders.
- The dividend amounts of $0.350 for Common Stock and $0.280 for Class B Common Stock indicate the company's strong financial performance and cash flow generation.
- UniFirst Corporation's leadership in the uniform and workwear industry positions it favorably for continued growth and stability.
- The extensive network of service locations and customer partnerships highlights the company's operational scale and market reach.
Potential Negatives
- The declaration of dividends may indicate that the company is experiencing limited cash flow, potentially reflecting challenges in revenue generation or profitability.
- By announcing dividends, the company may be prioritizing shareholder returns over reinvestment in growth initiatives, which could hinder long-term competitive positioning.
- Dividend payments could lead to reduced capital reserves, leaving less liquidity for unexpected operational needs or market opportunities.
FAQ
What is the amount of the dividend declared by UniFirst Corporation?
The Board of Directors declared a quarterly cash dividend of $0.350 per share for Common Stock and $0.280 per share for Class B Common Stock.
When will the dividends be payable?
The dividends will be payable on September 26, 2025.
What is the record date for the dividends?
Shareholders of record must be noted by September 5, 2025, to receive the dividends.
What services does UniFirst Corporation provide?
UniFirst is a leader in uniform and workwear programs, facility service products, and first aid and safety supplies.
How many employees does UniFirst Corporation have?
UniFirst Corporation has over 16,000 employee Team Partners serving more than 2 million workers daily.
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 Insider Trading Activity
$UNF insiders have traded $UNF stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $UNF stock by insiders over the last 6 months:
- DAVID MARTIN KATZ (Executive VP, Sales/Marketing) sold 1,299 shares for an estimated $274,024
- DAVID A DIFILLIPPO (Executive VP of Operations) sold 1,157 shares for an estimated $246,556
- WILLIAM MASTERS ROSS (Executive Vice President) has made 0 purchases and 2 sales selling 1,060 shares for an estimated $225,886.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$UNF Hedge Fund Activity
We have seen 148 institutional investors add shares of $UNF stock to their portfolio, and 126 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JONES FINANCIAL COMPANIES LLLP added 307,155 shares (+85558.5%) to their portfolio in Q1 2025, for an estimated $53,444,970
- VICTORY CAPITAL MANAGEMENT INC removed 275,782 shares (-43.0%) from their portfolio in Q1 2025, for an estimated $47,986,068
- AMERICAN CENTURY COMPANIES INC removed 185,286 shares (-97.9%) from their portfolio in Q1 2025, for an estimated $32,239,764
- MACQUARIE GROUP LTD removed 145,713 shares (-45.9%) from their portfolio in Q1 2025, for an estimated $25,354,062
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 133,588 shares (+353.8%) to their portfolio in Q1 2025, for an estimated $23,244,312
- POTRERO CAPITAL RESEARCH LLC added 92,517 shares (+inf%) to their portfolio in Q1 2025, for an estimated $16,097,958
- JPMORGAN CHASE & CO removed 87,156 shares (-22.5%) from their portfolio in Q1 2025, for an estimated $15,165,144
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 2 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Underweight" rating on 07/14/2025
- Barclays issued a "Underweight" rating on 04/04/2025
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 4 analysts offer price targets for $UNF in the last 6 months, with a median target of $184.5.
Here are some recent targets:
- Andrew Steinerman from JP Morgan set a target price of $175.0 on 07/14/2025
- Joshua Chan from UBS set a target price of $194.0 on 07/03/2025
- Manav Patnaik from Barclays set a target price of $152.0 on 04/04/2025
- Andrew Wittmann from Baird set a target price of $197.0 on 04/03/2025
Full Release
WILMINGTON, Mass., July 29, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.350 per share (35.0 cents) on the Company's Common Stock and $0.280 per share (28.0 cents) on the Company's Class B Common Stock. Both dividends are payable on September 26, 2025 to shareholders of record on September 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 |
