UFPI Declares Cash Dividend

With a dividend yield of 1.07%, NASDAQ says Universal Forest Products, Inc. (UFPI) has declared a cash dividend payment of $.20 per share scheduled for Dec. 15, 2012 to shareholders of record prior to Nov. 28, 2012. UFPI has paid the same dividend for the last seven quarters. The company’s current per share earnings is $1.21. As MHProNews has learned about this manufactured housing component supplier, Zacks forecasts earnings for the company at 279.69%, well above an industry average of 15.3%.

(Image credit: Universal Forest Products, Inc.)

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