Feb 07, 2006. /Lesprom Network/. Louisiana-Pacific Corporation announced that its board of directors has approved a $0.15 per share dividend, a 20% increase from $0.125 per share the previous quarter. The dividend will be paid on March 1, 2006 to shareholders of record on February 15, 2006. Louisiana-Pacific is a premier supplier of building products, delivering innovative, high-quality commodity and specialty products to its retail, wholesale, homebuilding and industrial customers.