Does Louisiana-Pacific (LPX) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Louisiana-Pacific (LPX) pays a dividend yielding about 1.62% as of August 2026, paid quarterly, four times a year. The latest payment on record was $0.30 per share, ex-dividend August 14, 2026. The forward annual rate is roughly $1.20 per share, about $162 a year on a $10,000 position before tax. Figures are approximate and dated; verify the current number with your broker.
Does Louisiana-Pacific (LPX) pay a dividend?
Yes. Louisiana-Pacific distributes a dividend yielding roughly 1.62% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.30 per share, with an ex-dividend date of August 14, 2026. Annualized, that is about $1.20 per share.
The trailing multiple looks extreme because the denominator is a trough: OSB swung from roughly $73 million of first-half 2025 EBITDA to a $33 million loss in the first half of 2026, which is most of the earnings decline on its own. Siding EBITDA fell only about 7% year to date, so the trailing P/E near 96 is describing a cyclical hole rather than a premium being paid for growth. Guidance points to a Q3 with siding near record revenue and OSB losing another ~$45 million, which is why forward estimates sit less than half the trailing multiple.
LPX dividend at a glance
| 2026-08-14 | $0.3 |
| 2026-05-14 | $0.3 |
| 2026-02-27 | $0.3 |
| 2025-11-14 | $0.28 |
| 2025-08-15 | $0.28 |
| 2025-05-20 | $0.28 |
LPX dividend data as of August 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with LPX's investor relations page before relying on it.
Is the LPX dividend covered?
Louisiana-Pacific paid out about 151% of reported net income as dividends, which means the dividend was larger than accounting earnings over the period. That sounds alarming and sometimes is, but it is normal and expected for REITs, BDCs, and companies carrying large non-cash charges such as amortization, because those businesses are judged on cash measures (FFO, AFFO, or distributable net investment income) rather than GAAP net income. The useful check for LPX is whether the cash-flow measure covers the payout, not the earnings-based ratio.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the LPX dividend has changed
The latest payment of $0.30 per share compares with $0.28 in the equivalent payment a year earlier (August 15, 2025). That is a change of 7.1% over the year.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on LPX's investor relations page.
What LPX's dividend means for you
- Income: about $162 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for LPX the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How LPX dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the LPX dividend
Louisiana-Pacific (LPX) pays about 1.62%, or roughly $1.20 per share a year. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the LPX guide. Walnut can show how LPX fits your real portfolio. It is not an investment adviser.
Investing in Louisiana-Pacific with AI
Connect the broker you already use and ask Walnut's AI how LPX fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Louisiana-Pacific (LPX) pay a dividend?
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Yes. Louisiana-Pacific pays a dividend yielding roughly 1.62% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.30 per share with an ex-dividend date of August 14, 2026. That works out to a forward annual rate of about $1.20 per share. Yields move with the share price, so verify the current figure with your broker or LPX's investor relations page before relying on it.
What is LPX's dividend yield?
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About 1.62% as of August 2026. On a $10,000 position that is roughly $162 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so LPX yields meaningfully more than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does LPX pay its dividend?
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Louisiana-Pacific pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of August 14, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on LPX's investor relations page, because boards can change both the amount and the timing.
When is LPX's ex-dividend date?
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The ex-dividend date recorded in our August 2026 data pull is August 14, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check LPX's investor relations page for the next confirmed date.
Has Louisiana-Pacific raised its dividend recently?
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Yes. The latest payment of $0.30 per share is above the $0.28 paid in the same slot a year earlier, an increase of about 7.1%. One raise is not a policy, though: check the multi-year record on LPX's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.
Is LPX's dividend safe?
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Louisiana-Pacific paid out about 151% of reported net income as dividends, which means the dividend was larger than accounting earnings over the period. That sounds alarming and sometimes is, but it is normal and expected for REITs, BDCs, and companies carrying large non-cash charges such as amortization, because those businesses are judged on cash measures (FFO, AFFO, or distributable net investment income) rather than GAAP net income. The useful check for LPX is whether the cash-flow measure covers the payout, not the earnings-based ratio. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in LPX?
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At a yield of about 1.62%, roughly $162 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are LPX dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest LPX dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each LPX payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does LPX pay a dividend, and is it buying back stock?
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LP pays a quarterly dividend of $0.30 per share, $1.20 annualized, which worked out to a yield near 1.6% in August 2026, and it paid $42 million of dividends in the first half. Repurchases have been paused, with no common-stock buybacks in Q2 2026 and roughly $177 million left under the existing authorization. Cash is being directed instead toward roughly $320 million of 2026 capital spending, about three-quarters of it in siding.
Walnut is informational, not investment advice. Dividend figures on this page come from a August 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with LPX's investor relations page or your broker before acting on them.