UniFirst's dividend yield isn't market-beating, but it is among the safest payouts on the market. The 0.75% yield is offset by the payout ratio, balance sheet, and earnings growth, which support the outlook for distribution growth. The company has been making increases annually and can be expected to continue because the payout ratio is below 5%, and the balance sheet is a fortress. The pace of increases has slowed from the triple-digit pace it set earlier this decade but remains solid in the mid-single digits and will help compound returns.