UFP Industries, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia. It operates through Retail, Industrial, and Construction segments. The Retail segment offers preserved and unpreserved dimensional lumber; and outdoor living products, including wood and wood composite decking and related accessories, decorative lawn, garden, craft, and hobby products. This segment serves national home center retailers, and retail-oriented regional and contractor-oriented lumberyards under the ProWood, ProWood FR, Deckorators, UFP-Edge, Outdoor Essentials, Dimensions, and Handprint trademarks. The Industrial segment provides pallets, specialty crates, wooden boxes, and other containers and products that are used for packaging, shipping, and material handling applications, as well as various other protective packaging applications. The construction segment offers roof trusses, cut and shaped lumbers, plywood, oriented strand boards, and dimensional lumbers; and engineered wood components, including roof and floor trusses, wall panels, I-joists, and lumber packages, as well as distributes siding, electrical, and plumbing products to factory-built housing and recreational vehicle customers. This segment also engages in the manufacture of components; design, manufacture, and supply of wood forms and related products to set or form concrete for structures, such as parking garages, stadiums, and bridges, as well as provides farming services for builders. It also offers interior fixtures, millwork, and casework for retail, commercial, and other structures; and structural wood packaging, other packing materials, and original equipment manufacturer components for various industries. The company was formerly known as Universal Forest Products, Inc. and changed its name to UFP Industries, Inc. in April 2020. UFP Industries, Inc. was founded in 1955 and is headquartered in Grand Rapids, Michigan.
UFP Industries Dividend Announcement
• UFP Industries announced a quarterly dividend of $0.33 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-02
• UFP Industries annual dividend for 2024 was $1.32
• UFP Industries annual dividend for 2023 was $1.10
• UFP Industries's trailing twelve-month (TTM) dividend yield is 0.99%
• UFP Industries's payout ratio for the trailing twelve months (TTM) is 17.61%
• UFP Industries's dividend growth over the last five years (2018-2023) was 25.03% year
• UFP Industries's dividend growth over the last ten years (2013-2023) was 10.37% year
UFP Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-02 | $0.33 | quarterly | 2024-12-16 |
| 2024-08-30 | $0.33 | quarterly | 2024-09-16 |
| 2024-06-03 | $0.33 | quarterly | 2024-06-17 |
| 2024-02-29 | $0.33 | quarterly | 2024-03-15 |
| 2023-11-30 | $0.30 | quarterly | 2023-12-15 |
| 2023-08-31 | $0.30 | quarterly | 2023-09-15 |
| 2023-05-31 | $0.25 | quarterly | 2023-06-15 |
| 2023-02-28 | $0.25 | quarterly | 2023-03-15 |
| 2022-11-30 | $0.25 | quarterly | 2022-12-15 |
| 2022-08-31 | $0.25 | quarterly | 2022-09-15 |
| 2022-05-31 | $0.25 | quarterly | 2022-06-15 |
| 2022-02-28 | $0.20 | quarterly | 2022-03-15 |
| 2021-11-30 | $0.20 | quarterly | 2021-12-15 |
| 2021-08-31 | $0.15 | quarterly | 2021-09-15 |
| 2021-05-28 | $0.15 | quarterly | 2021-06-15 |
| 2021-02-26 | $0.15 | quarterly | 2021-03-15 |
| 2020-11-30 | $0.12 | quarterly | 2020-12-15 |
| 2020-08-31 | $0.12 | quarterly | 2020-09-15 |
| 2020-05-29 | $0.12 | quarterly | 2020-06-15 |
| 2020-02-27 | $0.12 | quarterly | 2020-03-15 |
| 2019-11-27 | $0.20 | quarterly | 2019-12-15 |
| 2019-05-30 | $0.20 | quarterly | 2019-06-15 |
| 2018-11-29 | $0.18 | quarterly | 2018-12-15 |
| 2018-05-31 | $0.18 | quarterly | 2018-06-15 |
| 2017-11-30 | $0.17 | quarterly | 2017-12-15 |
| 2017-05-30 | $0.45 | quarterly | 2017-06-15 |
| 2016-11-29 | $0.45 | quarterly | 2016-12-15 |
| 2016-05-27 | $0.42 | quarterly | 2016-06-15 |
| 2015-11-27 | $0.42 | quarterly | 2015-12-15 |
| 2015-05-28 | $0.40 | quarterly | 2015-06-15 |
| 2014-11-26 | $0.40 | quarterly | 2014-12-15 |
| 2014-05-28 | $0.21 | quarterly | 2014-06-15 |
| 2013-11-26 | $0.21 | quarterly | 2013-12-15 |
| 2013-05-29 | $0.20 | quarterly | 2013-06-15 |
UFP Industries Dividend per year
UFP Industries Dividend growth
UFP Industries Dividend Yield
UFP Industries current trailing twelve-month (TTM) dividend yield is 0.99%. Interested in purchasing UFP Industries stock? Use our calculator to estimate your expected dividend yield:
UFP Industries Financial Ratios
P/E ratio17.34
PEG ratio9.42
P/B ratio2.46
ROE14.56%
Payout ratio17.61%
Current ratio4.31
Quick ratio3.25
Cash Ratio1.96
UFP Industries Dividend FAQ
How much is the next UFP Industries dividend?
UFP Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next UFP Industries dividend. The next UFP Industries dividend will be released in February, May, August, or November.
When is UFP Industries dividend paid?
UFP Industries pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does UFP Industries pay?
The specific amount of UFP Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find UFP Industries's dividend history.
Does UFP Industries stock pay dividends?
Yes, UFP Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find UFP Industries's dividend history.
How much dividend does UFP Industries pay?
UFP Industries paid $1.32 in 2024, $1.1 in 2023, $0.95 in 2022, $0.65 in 2021, and $0.5 in 2020.
How often does UFP Industries pay dividends?
UFP Industries typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is UFP Industries's dividend yield?
The current dividend yield for UFP Industries is 0.99%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate UFP Industries's exact dividend yield.
When does UFP Industries go ex dividend?
UFP Industries's ex-dividend date for the latest dividend was on 2024-12-02. UFP Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next UFP Industries dividend paid?
UFP Industries pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will UFP Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether UFP Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is UFP Industries dividend per share?
UFP Industries paid $1.32 per share in 2024 and $1.1 per share in 2023. The amount of dividend per share that UFP Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is UFP Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is UFP Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is UFP Industries a dividend stock?
Yes, UFP Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is UFP Industries a good dividend stock?
Whether UFP Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. UFP Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating UFP Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating UFP Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does UFP Industries pay dividends monthly?
UFP Industries typically pays dividends on a quarterly basis.
Does UFP Industries pay dividends quarterly?
UFP Industries currently pays dividends on a quarterly basis.
Has UFP Industries ever paid a dividend?
Yes, UFP Industries has a history of paying dividends to its shareholders. UFP Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy UFP Industries dividend stocks?
To buy UFP Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy UFP Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy UFP Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does UFP Industries pay dividends 2024?
UFP Industries pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will UFP Industries increase its dividend in 2024?
Decisions regarding UFP Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date UFP Industries dividend overview you can look into the above table of dividend history.
How UFP Industries dividend works?
The UFP Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how UFP Industries's dividend process works:
1. Determination of Dividend: UFP Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, UFP Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, UFP Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from UFP Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: UFP Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, UFP Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, UFP Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from UFP Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are UFP Industries dividends paid?
UFP Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: UFP Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, UFP Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: UFP Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: UFP Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, UFP Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: UFP Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does UFP Industries pay dividends?
UFP Industries typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does UFP Industries pay dividends?
The general pattern is that UFP Industries pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is UFP Industries dividend safe?
The safety of UFP Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of UFP Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review UFP Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of UFP Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review UFP Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.