LP Building Solutions Announces Quarterly Dividend

Rhea-AI Summary

LP Building Solutions (NYSE: LPX) has declared a cash dividend of $0.18 per share for common shareholders. The dividend will be paid on December 1, 2021, to shareholders recorded by November 8, 2021. This announcement highlights LP's commitment to providing shareholder value as a leader in engineered wood building products. The company operates 25 plants across North America and South America, delivering innovative and dependable building solutions to builders and remodelers globally.

Positive

• Declared cash dividend of $0.18 per share.
• Dividend payout date is December 1, 2021, supporting shareholder returns.

Negative

• None.

NASHVILLE, Tenn., Oct. 28, 2021 /PRNewswire/ -- LP Building Solutions ("LP") (NYSE: LPX) today announced that its Board of Directors has declared a cash dividend to common shareholders of $0.18 per share. The dividend will be payable December 1, 2021 to shareholders of record as of November 8, 2021.

About LP Building Solutions

As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood building products that meet the demands of builders, remodelers, and homeowners worldwide. LP's extensive offerings include innovative and dependable building products and accessories, such as Siding Solutions (LP^® SmartSide^® Trim & Siding, LP^® SmartSide^® ExpertFinish^® Trim & Siding, LP^® BuilderSeries^® Lap Siding, and LP^® Outdoor Building Solutions^®), LP Structural Solutions (LP^® TechShield^® Radiant Barrier, LP WeatherLogic^® Air & Water Barrier, LP Legacy^® Premium Sub-Flooring, and LP® FlameBlock^® Fire-Rated Sheathing and more), LP^® TopNotch^® Sub-Flooring, and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World^™ by helping customers construct beautiful, durable homes while our shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 25 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.

 

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SOURCE Louisiana-Pacific Corporation

FAQ

What is the LPX dividend amount for October 2021?

LP Building Solutions declared a dividend of $0.18 per share in October 2021.

When will the LPX dividend be paid?

The LPX dividend will be paid on December 1, 2021.

What is the record date for the LPX dividend?

The record date for the LPX dividend is November 8, 2021.

How often does LP Building Solutions pay dividends?

LP Building Solutions typically pays dividends quarterly, as evidenced by this October announcement.