UFP Industries Announces Quarterly Dividend, Payable on March 15, 2024
February 05, 2024 at 04:05 pm EST
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UFP Industries, Inc. announced that on February 1, 2024, the Board of Directors of UFP Industries, Inc. approved a quarterly dividend payment of $0.33 per share, a 10% increase over the quarterly dividend of $0.30 per share paid in December 2023. The dividend is payable on March 15, 2024, to shareholders of record on March 1, 2024.
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.
UFP INDUSTRIES, INC. 
