Universal Forest Products Announces Cash Dividend
GRAND RAPIDS, Mich., April 22 /PRNewswire-FirstCall/ -- Universal Forest Products, Inc. (Nasdaq: UFPI) today announced a semi-annual dividend of $0.05 per share, payable June 15, 2005 to shareholders of record on June 1, 2005.
The dividend was approved at the company's Board of Directors' April 20, 2005 meeting. It marks the company's 35th consecutive dividend and it's being issued in the year the company celebrates 50 years of doing business.
"Both milestones are points of pride for us," said Universal Chairman Peter F. Secchia. "We're proud of this company's 50 years of continual success and growth, and we're proud we're able to share that success with the people who have placed their trust and investment in us."
Based in Grand Rapids, MI, Universal Forest Products markets, manufactures and engineers wood and wood-alternative products for D-I-Y retail home centers, structural lumber products for the manufactured housing industry, engineered wood components for the site-built construction market and specialty wood packaging for various industries. The company also provides framing services for site-built construction customers. The company has approximately 9,000 employees and 97 facilities in 85 communities in North America. Universal had 2004 sales of $2.45 billion. For information about Universal Forest Products on the Internet, please visit the Company's web site at http://www.ufpi.com , or call 888-Buy-UFPI.
SOURCE Universal Forest Products, Inc.
CONTACT: Lynn Afendoulis, Director, Corporate Communications of Universal Forest Products, Inc., +1-616-365-1502