LP Building Solutions Announces Increased Quarterly Dividend

LP Building Solutions ("LP") (NYSE: LPX) today announced that its Board of Directors has declared an increased quarterly cash dividend to common stockholders of $0.26 per share, up 8% from its previous $0.24 per share quarterly dividend. The dividend will be payable March 8, 2024 to stockholders of record as of February 23, 2024.

About LP Building Solutions

As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers and homeowners worldwide. LP's extensive portfolio of innovative and dependable products includes Siding Solutions (LPยฎ SmartSideยฎ Trim & Siding, LPยฎ SmartSideยฎ ExpertFinishยฎ Trim & Siding, LP BuilderSeriesยฎ Lap Siding and LPยฎ Outdoor Building Solutionsโ„ข), LPยฎ Structural Solutions (LPยฎ TechShieldยฎ Radiant Barrier, LP WeatherLogicยฎ Air & Water Barrier, LP Legacyยฎ Premium Sub-Flooring, LPยฎ FlameBlockยฎ Fire-Rated Sheathing, LP NovaCoreยฎ Thermal Insulated Sheathing and LPยฎ TopNotchยฎ 350 Durable 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 Worldโ„ข by helping customers construct beautiful, durable homes while stockholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 23 plants across the U.S., Canada, Chile, and Brazil. For more information, visit LPCorp.com.

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