UniFirst Dividend
Dividend criteria checks 4/6
UniFirst is a dividend paying company with a current yield of 0.81% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 7th June, 2024.
Key information
0.8%
Dividend yield
21%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 07 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | US$6.14 |
| Dividend yield forecast in 3Y | 0.8% |
Recent dividend updates
Recent updates
UniFirst: Stronger Revenue Growth But Still Lacks Margin Of Safety
Apr 23At US$173, Is UniFirst Corporation (NYSE:UNF) Worth Looking At Closely?
Mar 13
UniFirst (NYSE:UNF) Will Want To Turn Around Its Return Trends
Feb 19UniFirst: Expect It To Scale Further And Improve Margins
Jan 24UniFirst Corporation: Looking Way Better Now
Jan 07UniFirst: Margins To Continue To Suffer, But It Is Too Expensive To Buy Still
Oct 12UniFirst (NYSE:UNF) Will Want To Turn Around Its Return Trends
Oct 05A Look At The Intrinsic Value Of UniFirst Corporation (NYSE:UNF)
Sep 08Why UniFirst Corporation (NYSE:UNF) Could Be Worth Watching
Aug 18UniFirst: Workwear Play Starting To Look Interesting
Jul 06UniFirst (NYSE:UNF) Is Reinvesting At Lower Rates Of Return
Jul 03UniFirst: Persistent Cost Pressures Vs. Growth Prospects
Jun 29Are Investors Undervaluing UniFirst Corporation (NYSE:UNF) By 48%?
May 23What Does UniFirst Corporation's (NYSE:UNF) Share Price Indicate?
May 02Here's What's Concerning About UniFirst's (NYSE:UNF) Returns On Capital
Apr 02UniFirst to acquire Clean Uniform for $300M
Feb 08Are Investors Undervaluing UniFirst Corporation (NYSE:UNF) By 34%?
Feb 03UniFirst declares $0.31 dividend
Jan 10We Discuss Why UniFirst Corporation's (NYSE:UNF) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Jan 04Be Wary Of UniFirst (NYSE:UNF) And Its Returns On Capital
Dec 25UniFirst raises dividend by 3% to $0.31
Oct 25UniFirst Non-GAAP EPS of $1.79 beats by $0.06, revenue of $516.4M beats by $4.82M, raises FY guidance
Oct 19UniFirst Corporation (NYSE:UNF) Shares Could Be 37% Below Their Intrinsic Value Estimate
Sep 27UniFirst (NYSE:UNF) May Have Issues Allocating Its Capital
Sep 12What Is UniFirst Corporation's (NYSE:UNF) Share Price Doing?
Aug 06UniFirst declares $0.30 dividend
Jul 12UniFirst Non-GAAP EPS of $1.77 misses by $0.13, revenue of $511.55M beats by $10.94M
Jun 29Here's What's Concerning About UniFirst's (NYSE:UNF) Returns On Capital
Jun 14Is UniFirst Corporation (NYSE:UNF) Expensive For A Reason? A Look At Its Intrinsic Value
May 24Should You Think About Buying UniFirst Corporation (NYSE:UNF) Now?
Apr 10There Are Reasons To Feel Uneasy About UniFirst's (NYSE:UNF) Returns On Capital
Feb 11Is There Now An Opportunity In UniFirst Corporation (NYSE:UNF)?
Dec 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UNF's dividends per share have been stable in the past 10 years.
Growing Dividend: UNF's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| UniFirst Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UNF) | 0.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Commercial Services) | 1.1% |
| Analyst forecast in 3 Years (UNF) | 0.8% |
Notable Dividend: UNF's dividend (0.81%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: UNF's dividend (0.81%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.9%), UNF's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.9%), UNF's dividend payments are well covered by cash flows.