Universal Forest Products (UFPI) Raises Semi-Annual Dividend 7.1% to $0.45; 1% Yield

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UFPI announces increase in semi-annual dividend payment

October 19, 2016 4:44 PM EDT

GRAND RAPIDS, Mich., Oct. 19, 2016 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq: UFPI) today announced a seven percent increase to its semiannual dividend payment, to $0.45 per share, payable on December 15, 2016, to shareholders of record on December 1, 2016. The dividend payment was approved by the UFPI Board of Directors on October 18, 2016.  This is the 33rd year the Company has paid a dividend.

There arent many things that are more rewarding than sharing our success with those who make it possible, including the shareholders who place their trust in us, said Chairman William G. Currie. Today,... More