Louisiana-Pacific's last quarterly dividend was on Aug 10, 2023 (ex-date) with a distribution of $0.24 per share. On an annualized basis, the company has a current payout of $0.94 per share. This brings the dividend yield to 1.7% based on its recent close price.
LPX has a dividend yield of 1.7% which is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.52%, Louisiana-Pacific's dividend yield is 12% higher. Historically LPX's dividend yield has averaged at 1.7% in the last 5 years, which is in line with the current one.
Louisiana-Pacific has a long dividend history, including the last five consecutive years with dividend payouts. LPX has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 12% since one year ago. And with the stock price up by 8% from a year ago, the dividend yield has grown by 3.6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 28.1% which is higher than the industry average but lower than the Industrials sector average. But in comparison with the Industrials sector average of 29.2%, Louisiana-Pacific's payout ratio is only 3.8% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LPX Louisiana-Pacific Corp | 1.7% | $0.94 | 28.1% |
| BCC BOISE CASCADE Co | 0.64% | $0.65 | 4.4% |
Yes, Louisiana-Pacific has been paying dividends for the last five 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 November 2023.
Louisiana-Pacific's last regular dividend was on Aug 10, 2023 (ex-date) with the amount of $0.24 per share.
LPX has paid dividend of $0.94 per share in the last year.
Currently Louisiana-Pacific's dividend yield is 1.7%.
Louisiana-Pacific pays dividends quarterly.
Louisiana-Pacific's dividend payout ratio is 28.1%.
Louisiana-Pacific's dividend yield is more than the Industrials sector average.