MINNEAPOLIS--(BUSINESS WIRE)--G&K Services, Inc. (NASDAQ: GK) announced today that its Board of Directors has declared a quarterly dividend of $0.31 per share, an increase of 15 percent from its previous quarterly dividend rate of $0.27 per share. The dividend will be payable on September 26, 2014 to shareholders of record at the close of business on September 11, 2014. This marks G&K’s ninth consecutive year with a dividend increase, during which time its quarterly dividend has increased more than seventeen-fold, from $0.0175 per share to $0.31 per share.
About G&K Services, Inc.
G&K Services, Inc. is a service-focused market leader of branded uniform and facility services programs in the United States, and is the largest such provider in Canada. Headquartered in Minneapolis, Minnesota, G&K Services has nearly 7,800 employees serving approximately 170,000 customers from 160 facilities in North America. G&K Services is a publicly held company traded over the NASDAQ Global Select Market under the symbol GK and is a component of the Standard & Poor’s SmallCap 600 Index. For more information visit www.gkservices.com.