Universal Forest Products (UFPI) Declares $0.42 Semi-Annual Dividend; 1% Yield

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UFPI Board Approves Semiannual Dividend of $0.42 Per Share

April 21, 2016 4:06 PM EDT

GRAND RAPIDS, Mich., April 21, 2016 (GLOBE NEWSWIRE) -- The Universal Forest Products, Inc. (Nasdaq: UFPI) Board of Directors approved a semiannual dividend payment of $0.42 per share at their April 20, 2016, meeting. The dividend is payable on June 15, 2016, to shareholders of record on June 1, 2016.

It is extremely rewarding to share our success with those who invest and believe in us, and to offer this semiannual dividend as a reflection of our strong performance, said Chairman William G. Currie. Our goal has been to create value for our shareholders while retaining adequate capital to execute strategies... More