Universal Forest Products Announces Cash Dividend
GRAND RAPIDS, Mich., Oct. 22 /PRNewswire-FirstCall/ -- Universal Forest
Products, Inc. (NASDAQ:UFPI) has announced a semi-annual dividend of $0.05 per
share payable December 15, 2004 to shareholders of record on December 1, 2004.
"We're pleased to share our success with the people who have believed in our
organization, strategies, and people," said Peter F. Secchia, UFPI's chairman
of the board. "We have outstanding shareholders who have placed their trust in
us and we intend to continue to have them satisfied with their investment in
Universal Forest Products." The dividend was approved by the Company's board of directors at their October
20, 2004 meeting.
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. Among Universal's newest and fastest-growing ventures are framing
and installation services for the site-built and retail sectors. In
conjunction with its customers, Universal uses its engineering and
manufacturing expertise, coupled with highly skilled employees, to design and
construct buildings and decks.
Based in Grand Rapids, Michigan, Universal Forest Products has 96 facilities
and nearly 9,000 employees throughout the United States, Canada and Mexico.
The Company had sales of $1.9 billion in 2003 and posted $1.92 billion in net
sales through the third quarter of 2004. For more information about Universal
Forest Products, please visit the Company's web site at http://www.ufpi.com/ ,
or call 888-Buy-UFPI. DATASOURCE: Universal Forest Products, Inc.
CONTACT: Lynn Afendoulis, Director of Public Affairs of Universal Forest Products, Inc., +1-616-364-6161 Web site: http://www.ufpi.com/ Company News On-Call: http://www.prnewswire.com/comp/916064.html
|