UniFirst Corp (UNF) Raises Quarterly Dividend 25% to $0.30; 0.6% Yield

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Go back to UniFirst Corp (UNF) Raises Quarterly Dividend 25% to $0.30; 0.6% Yield

UniFirst Announces Financial Results for the Fourth Quarter and Full Year of Fiscal 2021; Quarterly Dividend Increase; New $100 Million Share Repurchase Authorization

October 20, 2021 8:00 AM EDT

WILMINGTON, Mass., Oct. 20, 2021 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the Company, UniFirst or we) today reported results for its fourth quarter and full year ended August 28, 2021 as compared to the corresponding periods in its prior fiscal year:

Q4 2021 Financial Highlights

Consolidated revenues for the fourth quarter increased 8.5% to $465.3 million.Operating income was $44.9 million, an increase of 10.1%.The quarterly tax rate decreased to 22.0% compared to 26.6% in the prior year.Net income increased to $34.6 million, or... More