Unifirst Corporation (NYSE:UNF) will begin trading ex-dividend on September 4, 2020. The quarterly dividend payment of $ 0.25 per share is scheduled to be paid on September 28, 2020. The dividend yield based on the latest trading day closing price was 0.51 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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Unifirst Corporation recently reported third quarter financial results on July 1, 2020, before market open, provider of workplace uniforms and protective work wear recorded income for the third quarter of $ 1.12 per share, from the revenue of $ 445.52 million. The quarterly earnings fell 54.47 percent while revenues contracted 1.85 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.25 per share from $ 381.67 million in revenue. The bottom line results missed street analysts by $ 0.13 or 10.4 percent, at the same time, top line results outshined analysts by $ 63.85 million or 16.73 percent.
Stock Performance
Shares of Unifirst Corporation traded up $ 1.36 or 0.70 percent on Friday, reaching $ 197.03 with volume of 28.10 thousand shares. Unifirst Corporation has traded high as $ 197.51 and has cracked $ 195.91 on the downward trend
According to the previous trading day, closing price of $ 197.03, representing a 60.53 % increase from the 52 week low of $ 121.89 and a 10.2 % decrease over the 52 week high of $ 217.90.
The company has a market capital of $ 3.72 billion and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.
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.