UFP Industries (UFPI) Raises Quarterly Dividend 33.3% to $0.20; 1% Yield

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Go back to UFP Industries (UFPI) Raises Quarterly Dividend 33.3% to $0.20; 1% Yield

UFP Industries announces quarterly dividend of $0.20 per share

January 28, 2022 4:05 PM EST

GRAND RAPIDS, Mich., Jan. 28, 2022 (GLOBE NEWSWIRE) -- On January 27, 2022, the Board of Directors of UFP Industries, Inc. (Nasdaq: UFPI) approved a quarterly dividend payment of $0.20 per share, a 33 percent increase over the quarterly dividend of 15 cents paid last year. The dividend is payable on March 15, 2022, to shareholders of record on March 1, 2022.

This enhanced dividend is the result of UFPs strong performance and the confidence we have in our future, said Chairman William G. Currie. Because of our strong cash flow, we can continue to invest in growing our company to achieve greater... More