LP Building Solutions Announces Increased Quarterly Dividend

NASHVILLE, Tenn., Feb. 18, 2022 /PRNewswire/ -- LP Building Solutions ("LP") LPX today announced that its Board of Directors has declared an increased quarterly cash dividend to common shareholders of $0.22 per share, up 22% from its previous $0.18 per share quarterly dividend. The dividend will be payable March 14, 2022 to shareholders of record as of February 28, 2022.

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.

SOURCE LP Building Solutions