UniFirst Corporation Declares Quarterly Dividends for Common and Class B Common Stock

UniFirst Corporation announces quarterly cash dividends of $0.365 and $0.292 per share, payable March 27, 2026.

Quiver AI Summary

UniFirst Corporation has announced a quarterly cash dividend of $0.365 per share for its Common Stock and $0.292 per share for its Class B Common Stock, both payable on March 27, 2026, to shareholders of record as of March 6, 2026. Based in Wilmington, Massachusetts, UniFirst is a leading provider in North America for uniform and workwear programs, facility services, and safety supplies. The company operates five ISO-9001-certified manufacturing facilities and manages various specialized garment programs. With a workforce exceeding 16,000 and over 270 service locations, UniFirst serves more than 2 million workers daily. For additional details, interested parties can contact the company directly or visit their website.

Potential Positives

UniFirst Corporation declared regular quarterly cash dividends, demonstrating financial stability and commitment to returning value to shareholders.
The dividends are payable to shareholders of record on March 6, 2026, which may attract potential investors looking for regular income from their investments.
The company operates over 270 service locations and serves more than 300,000 customer locations, highlighting its significant market presence and operational scale in the uniform and workwear industry.

Potential Negatives

The press release primarily focuses on the declaration of dividends, which may indicate a lack of significant business developments or growth initiatives to report, potentially signaling stagnation or a prioritization of returns to shareholders over reinvestment in the business.
By mentioning the dividend amount, the press release brings attention to any potential financial constraints that may limit the company's ability to increase these payouts in the future, raising concerns among investors about the company's growth prospects.
The lack of mention of specific financial results or growth metrics in the release can lead to uncertainty regarding the company's operational performance and market position, possibly affecting investor confidence.

FAQ

What are the latest dividends declared by UniFirst Corporation?

UniFirst Corporation declared quarterly cash dividends of $0.365 per share for Common Stock and $0.292 for Class B Common Stock.

When will the dividends be payable?

The dividends are payable on March 27, 2026, to shareholders of record on March 6, 2026.

Where is UniFirst Corporation headquartered?

UniFirst Corporation is headquartered in Wilmington, Massachusetts.

What is UniFirst Corporation's primary business?

UniFirst is a leader in supply and servicing of uniform, workwear programs, and facility service products.

How many employees does UniFirst Corporation have?

UniFirst Corporation employs over 16,000 Team Partners across its operations.

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 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 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) has made 0 purchases and 2 sales selling 9 shares for an estimated $1,397.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$UNF Revenue

$UNF had revenues of $621.3M in Q1 2026. This is an increase of 2.71% from the same period in the prior year.

You can track UNF financials on Quiver Quantitative's UNF stock page.

$UNF Hedge Fund Activity

We have seen 153 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:

MORGAN STANLEY removed 116,580 shares (-50.7%) from their portfolio in Q3 2025, for an estimated $19,491,010
FIRST TRUST ADVISORS LP added 115,802 shares (+60.5%) to their portfolio in Q3 2025, for an estimated $19,360,936
COOPER CREEK PARTNERS MANAGEMENT LLC added 111,179 shares (+108.0%) to their portfolio in Q3 2025, for an estimated $18,588,017
TIMESSQUARE CAPITAL MANAGEMENT, LLC added 108,720 shares (+inf%) to their portfolio in Q3 2025, for an estimated $18,176,896
JPMORGAN CHASE & CO removed 86,893 shares (-56.9%) from their portfolio in Q3 2025, for an estimated $14,527,640
TORONTO DOMINION BANK removed 72,500 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $12,121,275
BRANDES INVESTMENT PARTNERS, LP added 72,417 shares (+108.4%) to their portfolio in Q3 2025, for an estimated $12,107,398

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$UNF Price Targets

Multiple analysts have issued price targets for $UNF recently. We have seen 2 analysts offer price targets for $UNF in the last 6 months, with a median target of $175.5.

Here are some recent targets:

Joshua Chan from UBS set a target price of $206.0 on 01/08/2026
Manav Patnaik from Barclays set a target price of $145.0 on 10/23/2025

Full Release

WILMINGTON, Mass., Jan. 13, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular 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 March 27, 2026 to shareholders of record on March 6, 2026.

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.

*UniFirst Corporation* 978-658-8888
Contact:	Shane O’Connor EVP and Chief Financial Officer