Universal Forest Products (UFPI) Raises Semi-Annual Dividend 5% to $0.42; 1.2% Yield

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UFPI Board Approves Five Percent Increase in Semi-Annual Dividend Payment

October 15, 2015 4:05 PM EDT

December 2015 dividend payment will be $0.42 per share

GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- Universal Forest Products, Inc. (Nasdaq: UFPI) today announced a five percent increase to its semiannual dividend payment, to $0.42 per share, payable on December 15, 2015 to shareholders of record on December 1, 2015. The dividend payment was approved by its Board of Directors on October 14, 2015.

Our success is built on the trust and investment our shareholders have placed in us, and it is our honor to return capital to them, said Chairman William G. Currie. In this third... More