How To Earn $500 A Month From UniFirst Stock Ahead Of Q3 Earnings

UniFirst Corporation (NYSE:UNF) recently disclosed a new $100 million share repurchase authorization. The company is also set to release third-quarter earnings results before the opening bell on Wednesday, July 2.

Analysts expect the Wilmington, Massachusetts-based company to report quarterly earnings at $2.09 per share, down from $2.20 per share in the year-ago period. UniFirst projects to report quarterly revenue of $614.5 million, compared to $603.33 million a year earlier, according to data from Benzinga Pro.

With the recent buzz around UniFirst, some investors may be eyeing potential gains from the company's dividends. As of now, UniFirst offers an annual dividend yield of 0.74%. That’s a quarterly dividend amount of 35 cents per share ($1.40 a year).

To figure out how to earn $500 monthly from ...