Louisiana-Pacific Raises Quarterly Dividend by 7.7%

Dow Jones

2025/02/15

By Colin Kellaher

Louisiana-Pacific's board has raised the building-products company's quarterly dividend by 7.7%, to 28 cents from 26 cents.

The new payout, equal to $1.12 a year, represents an annual yield of about 1%, based on the Friday midday price of $111.62, up from 0.93%.

The Nashville, Tenn., company said the increased dividend is payable March 13 to shareholders of record Feb. 27.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

February 14, 2025 12:06 ET (17:06 GMT)

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