UniFirst Declares a Set of Dividends
UniFirst is getting ready to issue a pair of dividend payouts. The company has declared quarterly common stock distributions for both its regular and its Class B shares. For the former, the firm will hand out $0.0375 per share, while for the latter $0.03 will be disbursed. Both will be paid on October 1 to holders of record as of September 10.
As far as the ordinary stock is concerned, the payout matches each of UniFirst's preceding dividend payments, which stretch back to April 2010.
The just-declared dividend annualizes to $0.15 per share. That yields 0.2% at UniFirst's most recent closing stock price of $92.77.
The article UniFirst Declares a Set of Dividends originally appeared on Fool.com.Fool contributor Eric Volkman has no position in UniFirst, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.