Louisiana-Pacific's last quarterly dividend was on Feb 22, 2024 (ex-date) with a distribution of $0.26 per share. On an annualized basis, the company has a current payout of $0.98 per share. This brings the dividend yield to 1.3% based on its recent close price. The latest dividend has grown by $0.02, or 8% from the previous dividend.
LPX has a dividend yield of 1.3% which is higher than the industry average but lower than the Industrials sector average. If we compare it with the Industrials sector average of 1.41%, Louisiana-Pacific's dividend yield is 8% lower. Historically LPX's dividend yield has averaged at 1.6% in the last 5 years, which is more than the current one.
Louisiana-Pacific has a long dividend history, including the last six consecutive years with dividend payouts. LPX has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 9% since one year ago. But with the stock price up by 24% from a year ago, the dividend yield marks a decrease of 12%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 22, 2024 | Mar 8, 2024 | Feb 9, 2024 | $0.26 | normal |
| Nov 9, 2023 | Nov 22, 2023 | Oct 26, 2023 | $0.24 | normal |
| Aug 10, 2023 | Aug 25, 2023 | Jul 28, 2023 | $0.24 | normal |
| May 11, 2023 | May 26, 2023 | Apr 28, 2023 | $0.24 | normal |
| Mar 9, 2023 | Mar 31, 2023 | Feb 17, 2023 | $0.24 | normal |
| Nov 8, 2022 | Dec 1, 2022 | Oct 28, 2022 | $0.22 | normal |
| Aug 17, 2022 | Sep 1, 2022 | Aug 5, 2022 | $0.22 | normal |
| May 11, 2022 | May 26, 2022 | Apr 28, 2022 | $0.22 | normal |
| Feb 25, 2022 | Mar 14, 2022 | Feb 18, 2022 | $0.22 | normal |
| Nov 5, 2021 | Dec 1, 2021 | Oct 28, 2021 | $0.18 | normal |
| Aug 9, 2021 | Sep 1, 2021 | Jul 30, 2021 | $0.18 | normal |
| May 14, 2021 | Jun 1, 2021 | Apr 30, 2021 | $0.16 | normal |
| Feb 19, 2021 | Mar 8, 2021 | Feb 12, 2021 | $0.16 | normal |
| Nov 12, 2020 | Dec 1, 2020 | Nov 2, 2020 | $0.145 | normal |
| Aug 13, 2020 | Sep 1, 2020 | Aug 3, 2020 | $0.145 | normal |
| May 14, 2020 | Jun 1, 2020 | May 5, 2020 | $0.145 | normal |
| Feb 14, 2020 | Mar 2, 2020 | Feb 7, 2020 | $0.145 | normal |
| Nov 13, 2019 | Dec 4, 2019 | Nov 5, 2019 | $0.135 | normal |
| Aug 16, 2019 | Sep 3, 2019 | Aug 6, 2019 | $0.135 | normal |
| May 20, 2019 | Jun 3, 2019 | May 7, 2019 | $0.135 | normal |
| Feb 25, 2019 | Mar 13, 2019 | Feb 13, 2019 | $0.135 | normal |
| Nov 15, 2018 | Nov 30, 2018 | Nov 2, 2018 | $0.13 | normal |
| Aug 16, 2018 | Aug 31, 2018 | Aug 3, 2018 | $0.13 | normal |
| May 17, 2018 | Jun 1, 2018 | May 4, 2018 | $0.13 | normal |
| Feb 23, 2018 | Mar 13, 2018 | Feb 13, 2018 | $0.13 | normal |
LPX has a payout ratio of 39.7% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 30.4%, Louisiana-Pacific's payout ratio is 31% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LPX Louisiana-Pacific Corp | 1.31% | $0.98 | 39.7% |
| BCC BOISE CASCADE Co | 0.54% | $0.75 | 6.1% |
Yes, Louisiana-Pacific has been paying dividends for the last six years.
LPX hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in May 2024.
Louisiana-Pacific's last regular dividend was on Feb 22, 2024 (ex-date) with the amount of $0.26 per share.
LPX has paid dividend of $0.98 per share in the last year.
Currently Louisiana-Pacific's dividend yield is 1.3%.
Louisiana-Pacific pays dividends quarterly.
Louisiana-Pacific's dividend payout ratio is 39.7%.
Louisiana-Pacific's dividend yield is less than the Industrials sector average.