Building-products company increases payout to 26 cents a share
- Louisiana-Pacific raises dividend by 8.3% to 26 cents a share
- New payout represents an annual yield of 1.49%
- Dividend payable on March 8 to shareholders of record as of Feb. 23
Louisiana-Pacific has announced an 8.3% increase in its dividend, raising it to 26 cents a share. This new payout represents an annual yield of 1.49% based on the closing price of $69.57. The Nashville-based building-products company last raised its dividend a year ago, increasing it by 9.1% to 24 cents a share. The dividend will be payable on March 8 to shareholders of record as of February 23.
Public Companies: Louisiana-Pacific (N/A)
Private Companies:
Key People:
Factuality Level: 8
Justification: The article provides factual information about Louisiana-Pacific raising its dividend by 8.3% to 26 cents a share. It also mentions the previous dividend increase and the upcoming payment date. The information is specific and does not contain any irrelevant or misleading details. However, it lacks additional context or analysis.
Noise Level: 8
Justification: The article provides basic information about Louisiana-Pacific raising its dividend, but it lacks any analysis, context, or actionable insights. It is a short and straightforward news piece that does not provide any additional value beyond the basic facts.
Financial Relevance: Yes
Financial Markets Impacted: No
Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to financial topics as it discusses Louisiana-Pacific raising its dividend.
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