UniFirst's board of directors boosted the company's quarterly dividend to 35 cents per share from 33 cents, an increase of 6.1%, the company said. The new payout, equal to $1.40 on an annual basis, is equal to a dividend yield of about 0.8% based on the company's closing share price on Tuesday of $185.27.

Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF) is a North American leader in the supply and servicing of uniform and workwear programs, facility service products, as well as first aid and safety supplies and services.