UFP Industries, Inc. Approves Quarterly Dividend, Payable on September 15, 2023
August 03, 2023 at 01:41 am IST
Share
On July 26, 2023, the Board of Directors for UFP Industries approved a quarterly dividend payment of $0.30 per share, a 20% increase over the dividend paid in the first quarter of 2023. The dividend is payable on September 15, 2023, to shareholders of record on September 1, 2023.
UFP Industries, Inc. is a holding company with subsidiaries throughout North America, Europe, Asia, and Australia that designs, manufactures, and supplies products made from wood, composites, and other materials. The Company's segments include Retail, Packaging and Construction. Its Retail Solutions segment is comprised of business units, such as ProWood, Sunbelt, Deckorators and UFP-Edge. Retail Solutions segment is focused on distinct product offerings, which are grouped by brands and business units. Packaging segment is comprised of business units, such as Structural Packaging, PalletOne, and Protective Packaging Solutions. Construction segment is comprised of business units, such as Factory-Built Housing, Site-Built Construction, Commercial Construction, and Concrete Forming. Its ProWood business units manufactures and sells treated lumber products, including decking, fencing, and lattice, as well as decorative and functional lawn and garden products to building products retailers.