Dividend Reporting: This is why Universal Forest Products, Inc. (NASDAQ:UFPI) will be paying investors dividends of $0.45 on Dec 15, 2016.

Dividend Reporting: This is why Universal Forest Products, Inc. (NASDAQ:UFPI) will be paying investors dividends of $0.45 on Dec 15, 2016.

Universal Forest Products, Inc. (NASDAQ:UFPI) is expected to pay $0.45 on Dec 15, 2016. The indicated annual dividend is $0.90. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Universal Forest Products, Inc.’s current price of $104.02, the dividend is 0.43%. This dividend’s record date is Dec 1, 2016 and the announcement date is Oct 20, 2016. The stock increased 1.71% or $1.75 on November 25, hitting $104.02. Universal Forest Products, Inc. (NASDAQ:UFPI) has risen 27.43% since April 25, 2016 and is uptrending. It has outperformed by 21.41% the S&P500.

Universal Forest Products, Inc. is a holding company. The company has a market cap of $2.15 billion. The Company, through its subsidiaries, supplies wood, wood composite and other products to three primary markets: retail, construction and industrial. It has a 21.35 P/E ratio. The Company’s industrial market serves as industrial manufacturers and other clients for packaging, material handling and other applications.

Insitutional Activity: The institutional sentiment increased to 1.26 in 2016 Q2. Its up 0.10, from 1.16 in 2016Q1. The ratio improved, as 21 funds sold all Universal Forest Products, Inc. shares owned while 67 reduced positions. 36 funds bought stakes while 66 increased positions. They now own 16.19 million shares or 25.16% less from 21.63 million shares in 2016Q1.
Argent Cap Mngmt Ltd Liability holds 0.08% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI) for 19,550 shares. Pillar Pacific Mgmt Limited Com holds 3,500 shares or 0.05% of its portfolio. Lpl Ltd holds 0% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI) for 3,662 shares. Wellington Mngmt Group Inc Llp has 13,568 shares for 0% of their US portfolio. Principal Financial Inc has 0.05% invested in the company for 381,741 shares. Sei Invests holds 0% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI) for 6,528 shares. Wells Fargo And Mn accumulated 0% or 43,471 shares. M&T Bank accumulated 0% or 6,079 shares. Rothschild Asset Mngmt holds 0.18% or 107,999 shares in its portfolio. North Point Portfolio Managers Oh holds 0.05% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI) for 2,600 shares. Loomis Sayles And Lp, a Massachusetts-based fund reported 20 shares. Convergence Prtnrs Ltd Liability Com holds 41,240 shares or 0.53% of its portfolio. The Pennsylvania-based Pnc Fincl Svcs Group Inc Incorporated has invested 0.01% in Universal Forest Products, Inc. (NASDAQ:UFPI). Hancock, a Mississippi-based fund reported 11,352 shares. Yorktown Mngmt & Rech owns 4,000 shares or 0.08% of their US portfolio.

Insider Transactions: Since September 2, 2016, the stock had 0 buys, and 4 selling transactions for $1.64 million net activity. Another trade for 400 shares valued at $41,100 was sold by MISSAD MATTHEW J. GREENE CHARLES SCOTT sold $510,244 worth of stock or 4,639 shares. On Friday, September 2 COLEMAN ROBERT D sold $813,960 worth of the stock or 7,500 shares.

More notable recent Universal Forest Products, Inc. (NASDAQ:UFPI) news were published by: Marketwatch.com which released: “Universal Forest Products downgraded to underperform from neutral at DA Davidson” on December 22, 2009, also Mlive.com with their article: “Universal Forest Products Inc. spending $11.5M to buy Northwest distributor” published on June 21, 2016, Fool.com published: “The Story Behind Universal Forest Products, Inc. Stock’s 14% Pop” on July 16, 2015. More interesting news about Universal Forest Products, Inc. (NASDAQ:UFPI) were released by: Streetinsider.com and their article: “UPDATE: Universal Forest Products (UFPI) to Acquire idX Corp in $68M Deal …” published on September 01, 2016 as well as Zacks.com‘s news article titled: “Universal Forest Products Completes Acquisition of idX Corp” with publication date: September 20, 2016.

UFPI Company Profile

Universal Forest Products, Inc., incorporated on February 9, 1955, is a holding company. The Company, through its subsidiaries, supplies wood, wood composite and other products to three primary markets: retail, construction and industrial. The Company’s industrial market serves as industrial manufacturers and other clients for packaging, material handling and other applications. The Company’s divisions include North, South, West, Alternative Materials, International and Corporate divisions. The Firm designs, makes and markets wood and wood-alternative products for national home centers and other retailers, structural lumber and other products for the manufactured housing industry, engineered wood components for residential and commercial construction, and specialty wood packaging, components and packing materials for various industries.

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