Nov 08, 2004. /Lesprom Network/. Louisiana-Pacific Corporation (LP) (NYSE:LPX) announced today that its board of directors has approved a $0.10 per share quarterly dividend, an increase of 33% from last quarter. The dividend will be paid on Dec. 1, 2004, to shareholders of record on Nov.16, 2004. LP is a premier supplier of building products, delivering innovative, high-quality commodity and specialty products to its retail, wholesale, homebuilding and industrial customers.