At the end of March 08, 2024, Louisiana-Pacific LPX will reward its shareholders with a dividend payout of $0.26 per share, demonstrating an annualized dividend yield of 1.50%. Remember, only investors who held the stock before the ex-dividend date on February 22, 2024 will receive this payout.
Louisiana-Pacific Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-22 | 4 | $0.26 | 1.5% | 2024-02-09 | 2024-02-23 | 2024-03-08 |
| 2023-11-09 | 4 | $0.24 | 1.87% | 2023-10-26 | 2023-11-10 | 2023-11-22 |
| 2023-08-10 | 4 | $0.24 | 1.26% | 2023-07-28 | 2023-08-11 | 2023-08-25 |
| 2023-05-11 | 4 | $0.24 | 1.65% | 2023-04-28 | 2023-05-12 | 2023-05-26 |
| 2023-03-09 | 4 | $0.24 | 1.46% | 2023-02-17 | 2023-03-10 | 2023-03-31 |
| 2022-11-08 | 4 | $0.22 | 1.52% | 2022-10-28 | 2022-11-09 | 2022-12-01 |
| 2022-08-17 | 4 | $0.22 | 1.42% | 2022-08-05 | 2022-08-18 | 2022-09-01 |
| 2022-05-11 | 4 | $0.22 | 1.38% | 2022-04-28 | 2022-05-12 | 2022-05-26 |
| 2022-02-17 | 4 | $0.22 | 1.27% | 2022-02-16 | 2022-02-18 | 2022-03-14 |
| 2021-11-05 | 4 | $0.18 | 1.19% | 2021-10-28 | 2021-11-08 | 2021-12-01 |
| 2021-08-09 | 4 | $0.18 | 1.28% | 2021-07-30 | 2021-08-10 | 2021-09-01 |
| 2021-05-14 | 4 | $0.16 | 0.94% | 2021-04-30 | 2021-05-17 | 2021-06-01 |
Compared to its industry peers, Louisiana-Pacific's dividend yield is relatively lower, with Suzano SUZ having a higher annualized dividend yield of 4.82%.
Analyzing Louisiana-Pacific Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2020 and 2023. The dividend per share rose from $0.58 to $0.96, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Louisiana-Pacific
From 2020 to 2023, Louisiana-Pacific experienced a growth in earnings per share, with an increase from $2.38 to $3.12. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
This article delves into the recent dividend payout of Louisiana-Pacific and its implications for shareholders. Presently, the company is distributing a dividend of $0.26 per share, leading to an annualized dividend yield of 1.50%.
Compared to its industry peers, Louisiana-Pacific's dividend yield is relatively lower, with Suzano having a higher annualized dividend yield of 4.82%.
Given that Louisiana-Pacific has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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