Benzinga·2025-12-31 13:51Earnings Report - UniFirst Corporation is set to release its earnings results for the first quarter on January 7, 2025, before the market opens [1] - Analysts predict quarterly earnings of $2.06 per share, a decrease from $2.40 per share in the same period last year [1] - Revenue is expected to be $615.23 million, an increase from $604.91 million a year earlier [1] Acquisition Proposal - On December 22, UniFirst received an acquisition proposal from Cintas Corporation at a price of $275 per share in cash [1] Dividend Information - UniFirst currently offers an annual dividend yield of 0.75%, translating to a quarterly dividend of 36.5 cents per share, or $1.46 annually [2] - To generate $500 monthly from dividends, an investment of approximately $801,738 or around 4,110 shares is required [2] - For a more modest income of $100 per month, an investment of $160,348 or around 822 shares is needed [2] Dividend Yield Calculation - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price [3] - Changes in stock price affect the dividend yield; for instance, if the stock price increases, the yield decreases, and vice versa [3] Stock Performance - Shares of UniFirst fell by 0.8% to close at $195.07 on Tuesday [4]