UFPI board approves semiannual dividend of $0.45 per share

Thursday, April 20, 2017

GRAND RAPIDS, Mich., April 20, 2017 (GLOBE NEWSWIRE) -- The Universal Forest Products, Inc. (Nasdaq:UFPI) Board of Directors approved a semiannual dividend payment of $0.45 per share at their April 18, 2017, meeting. The dividend is payable on June 15, 2017, to shareholders of record on June 1, 2017.

“Once again, we have the opportunity to thank shareholders with this dividend payment, thanks to the strong performance created by the hard-working people of Universal,” said Chairman William G. Currie. “We are growing in many ways – internationally, with existing and new customers, with new products, and in new markets – and those who invest in us help make our growth possible, and make this a great time to be part of the excitement and opportunity that is Universal.”

On Tues., April 18, 2017, Universal announced that it broke 2016’s first-quarter record performance with net earnings of $21.1 million, up 10 percent, and net sales of $846.1 million, up 24 percent.