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UFP Industries (UFP Industries) 3-Year Dividend Growth Rate : 30.10% (As of Dec. 2023)


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What is UFP Industries 3-Year Dividend Growth Rate?

UFP Industries's Dividends per Share for the three months ended in Dec. 2023 was $0.30.

The historical rank and industry rank for UFP Industries's 3-Year Dividend Growth Rate or its related term are showing as below:

UFPI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1   Med: 10.5   Max: 51.8
Current: 30.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of UFP Industries was 51.80% per year. The lowest was 1.00% per year. And the median was 10.50% per year.

UFPI's 3-Year Dividend Growth Rate is ranked better than
84.48% of 116 companies
in the Forest Products industry
Industry Median: 6.75 vs UFPI: 30.10

During the past 12 months, UFP Industries's average Dividends Per Share Growth Rate was 15.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 27.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 20.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

UFP Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.19. As of today, UFP Industries's Dividend Yield % is 1.08%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of UFP Industries's 3-Year Dividend Growth Rate

For the Lumber & Wood Production subindustry, UFP Industries's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


UFP Industries's 3-Year Dividend Growth Rate Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, UFP Industries's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where UFP Industries's 3-Year Dividend Growth Rate falls into.



UFP Industries 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


UFP Industries  (NAS:UFPI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

UFP Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.3/ 1.62
=0.19

During the past 13 years, the highest Dividend Payout Ratio of UFP Industries was 0.22. The lowest was 0.08. And the median was 0.15.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

UFP Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3302024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-05-312023-06-012023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

UFP Industries's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.18/112.55
=1.05 %

Current Share Price is $112.55.
UFP Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.18.

During the past 13 years, the highest Dividend Yield of UFP Industries was 1.59%. The lowest was 0.60%. And the median was 0.95%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


UFP Industries 3-Year Dividend Growth Rate Related Terms>


UFP Industries (UFP Industries) Business Description

Traded in Other Exchanges
Address
2801 East Beltline Avenue NE, Grand Rapids, MI, USA, 49525
UFP Industries Inc is a supplier of lumber to the manufactured housing industry. Today UFP Industries is a multibillion-dollar holding company with subsidiaries around the globe that serve three markets: retail, packaging and construction.
Executives
Patrick M. Benton officer: XVP UFP Eastern Div - North 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
William G Currie director 2801 EAST BELTINE N E, GRAND RAPIDS MI 49505
Michael R Cole officer: Chief Financial Officer 2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Mary E Tuuk director 625 KENMOOR AVE SE, SUITE 301, GRAND RAPIDS MI 49456
Bruce A Merino director 3800 WEST CHAPMAN AVE, ORANGE CA 92868
David A. Tutas officer: Vice President Legal & Secty 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Matthew J Missad director, officer: Chief Executive Officer 2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Patrick M Webster officer: Pres. and Chief Operating Off. 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
William Danny Schwartz officer: Exec. VP, Operations Services 2801 EAST BELTLINE AVE NE, GRAND RAPIDS MI 49525
Allen T Peters officer: President, UFP Western Div 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Benjamin J. Mclean director 2801 E BELTLINE AVE NE, GRAND RAPIDS MI 49525
Scott T Bravata officer: Vice President Administration 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Michael G. Wooldridge director 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Donald L James officer: XVP National Sales 2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Scott A Worthington officer: President, UFP Industrial, LLC 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525