NEW YORK ( TheStreet) -- The ex-dividend date for Universal Forest Products (Nasdaq: UFPI) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $25.48 as of 9:30 a.m. ET, the dividend yield is 1.6%. The average volume for Universal Forest has been 126,500 shares per day over the past 30 days. Universal Forest has a market cap of $501.4 million and is part of the industrial goods sector and materials & construction industry. Shares are down 37.5% year to date as of the close of trading on Friday. Universal Forest Products, Inc., through its subsidiaries, engineers, manufactures, treats, distributes, and installs lumber, composite wood, plastic, and other building products for the DIY/retail, site-built construction, manufactured housing, and industrial markets. The company has a P/E ratio of 77.8, below the average materials & construction industry P/E ratio of 80.1 and above the S&P 500 P/E ratio of 17.7.
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