How To Earn $500 A Month From UniFirst Stock Ahead Of Q1 Earnings

Dividend Increase and Yield - UniFirst raised its quarterly cash dividend from 33 cents to 35 cents per share, resulting in an annual dividend yield of 0.81% or $1.40 per share [1] - To earn $500 monthly from dividends, an investment of approximately $740,578 or 4,286 shares is required [2] - For $100 monthly, an investment of $148,081 or 857 shares is needed [2] Dividend Yield Calculation - Dividend yield is calculated by dividing the annual dividend payment by the stock's current price [6] - Changes in dividend payment or stock price can impact the yield [4][7] Financial Performance and Projections - UniFirst is expected to report Q1 earnings of $2.22 per share, down from $2.37 per share in the year-ago period [5] - The company projects Q1 revenue of $606.95 million, compared to $593.52 million a year earlier [5] Stock Performance - UniFirst shares fell 2.2% to close at $172.79 on Friday [8]