Universal Forest Products (UFPI) Raises Quarterly Dividend 25% to $0.125; 0.3% Yield

Universal Forest Products (NASDAQ: UFPI) declared a quarterly dividend of $0.125 per share. This is a 25% increase from the prior dividend of $0.10.

The dividend will be payable on March 15, 2020, to stockholders of record on March 1, 2020, with an ex-dividend date of March 16, 2020.

The annual yield on the dividend is 0.3 percent.

“The hard-working people of UFP Industries have been producing excellent results, and we’re thrilled to share the rewards of their success with shareholders by increasing the dividend payment and the frequency of payments,” said Chairman William G. Currie. “We thank our shareholders, many of whom are employees, for investing in UFPI and making our success possible.”

For a dividend history and other dividend-related data on Universal Forest Products (UFPI) click here.

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