LP Building Solutions Announces Increased Quarterly Dividend

NASHVILLE, Tenn., Feb.
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NASHVILLE, Tenn., Feb. 12, 2021 /PRNewswire/ -- LP Building Solutions (LP, NYSE: LPX) today announced that its Board of Directors has declared an increased quarterly cash dividend to common shareholders of $0.16 per share, up 10% from its previous $0.145 per share quarterly dividend. The cash dividend will be payable March 8, 2021 to shareholders of record as of February 22, 2021.

About LP Building SolutionsAs 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 worldwide. Its extensive offerings include innovative and dependable building products and accessories, such as LP ® SmartSide ® Trim & Siding, the LP Structural Solutions portfolio (LP WeatherLogic ® Air & Water Barrier, LP Legacy ® Premium Sub-Flooring, LP ® TechShield ® Radiant Barrier, LP ® FlameBlock ® Fire-Rated Sheathing and more), oriented strand board (OSB), LP ® TopNotch ® Sub-Flooring, LP ® Outdoor Building Solutions ®, and LP Elements ® Performance Fencing. In addition to product solutions, LP provides industry-leading service and warranties. Since its founding in 1972, LP has been Building a Better World ™ by helping customers construct beautiful, durable homes. 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 LP Building Solutions