Universal Forest Products (UFPI) Tops Q1 EPS by 7c

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UFPI reports record first-quarter sales, net earnings and EBITDA

April 24, 2019 4:15 PM EDT

 - Unit sales up 7 percent, gross profits up 18 percent and EBITDA up 25 percent - - Semiannual dividend increased 11 percent -

GRAND RAPIDS, Mich., April 24, 2019 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq: UFPI) today announced record net sales, net earnings and EBITDA for the first quarter of 2019. The company also announced the UFPI Board of Directors voted to increase the semiannual dividend from $0.18 to $0.20 per share at their April 24, 2019, meeting. The dividend is payable on June 15, 2019, to shareholders of record on June 1, 2019.

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