|Who is LP's transfer and dividend disbursing agent?
LP's transfer and dividend disbursing agent is Computershare Trust Company. Computershare will be able to assist you with the following inquiries regarding your registered account:
You may contact Computershare Shareholder Services through its website, http://www.computershare.com, or by calling 1-800-756-8200. Hearing-impaired stockholders with access to a telecommunications device (TDD/TTY) may call 1-800-952-9245.Mail inquiries to Computershare may be directed as follows:
DRIP (Dividend Reinvestment) Inquiries
Voluntary Cash Investments
Certificates Submitted for Transfer and
Please note that a broad range of account information is available online at http://www.computershare.com for registered shareholders who have elected to access this information electronically. For instance, you can access share balance information, determine whether you have any unpaid dividend checks, obtain online transfer instructions, download forms to complete transfer of ownership, view your dividend reinvestment history, submit a change of address, and/or perform certain account transactions.
What are "registered" and "street name" shareholders?
Registered ownership occurs when the beneficial owner of the security is "registered" or recorded on the books or records of the corporation issuing the shares. The registered stockholder is considered the "stockholder of record," and may be issued stock certificates and/or hold shares in book entry form. Registered ownership is also known as "direct" ownership.
The registered owner is known to the corporation as one of its stockholders. Therefore, registered owners receive all corporate communications, dividends, annual reports and proxy material directly from the company.
When investors purchase stock through a broker, the shares are considered to be held in "street name" and are registered as belonging to your broker. Therefore, dividends and materials are delivered to your broker, as the registered owner, and are then forwarded to you by the broker or broker's agent.
When and how often does LP pay dividends?
On August 4, 2008, LP’s Board of Directors suspended LP quarterly dividends pending improvement in the overall market.
LP paid dividends beginning in 1973 and paid quarterly dividends from March 1977 through August 2001. On November 3, 2001, in order to preserve the company's financial flexibility, the Board suspended payment of the quarterly dividend pending improvement of the overall market and the company's financial condition. When the company’s financial condition markedly improved, on February 2, 2004, the Board reinstated the quarterly cash dividend to provide a fair and appropriate return to shareholders.
As a shareholder, you are entitled to receive any cash dividends paid by LP on the shares you hold on the record date. The record date is the designated date on which shares must be held to receive a dividend payment. The Board of Directors determines the record date, the payable date and the dividend rate.
When will I receive a copy of the Form 1099-DIV which reports my dividend income to the IRS?
If you are a registered shareholder with Computershare Trust Company, your 1099-DIV will be mailed to you by January 31. Dividend income is reportable whether a dividend payment was issued by check, transferred directly to your bank account, or reinvested into additional shares of stock through the dividend reinvestment plan.
To obtain this dividend information or a duplicate Form 1099-DIV, you may contact Computershare through its website, http://www.computershare.com, or by calling 1-800-756-8200 (TDD 201-222-4955 for hearing-impaired stockholders). Mail inquiries to Computershare may be directed to Computershare Shareholder Services, PO Box 30170, College Station, TX 77842-3170.
Does LP have a dividend reinvestment plan? Can I buy additional shares through the plan?
Yes, but LP has suspended quarterly dividends pending improvement in the overall market. LP has had a dividend reinvestment plan (DRIP) for registered shareholders since 1978. The current plan facilitates commission-free purchases of LP stock with both reinvested dividends and voluntary cash investments, and is an efficient, simple means of increasing share ownership in LP.
What is the stock symbol and Cusip number for LP and on what stock exchange is LP traded?
The stock symbol for LP is LPX and the Cusip is 546347-10-5. LP stock is traded on the New York Stock Exchange. The Dow Jones newspaper quotation symbol is "LaPac."
How can I get a history of LP's stock price or look up stock prices for specific dates?
Clicking on Stock Chart will enable you to view LP's stock price trends and customize the view based on your specified time frame, frequency, and comparison criteria.
Stock prices for specific dates may be obtained through the Historical Price Lookup feature for dates from 1972 through the present.
Has LP ever had a stock split?
LP split two-for-one in January 1974, three-for-two in June 1992, and two-for-one in June 1993. In addition, LP paid a 2% stock dividend each year from 1976 through 1978, and a 3% stock dividend each year from 1979 through 1987.
Does LP issue quarterly reports?
Yes. LP files quarterly (10Q) and annual (10K) financial reports with the Securities Exchange Commission. You may obtain these reports by going to SEC Filings. In addition, LP's most recent annual report may be accessed by clicking on Annual Report and Proxy.
Can you alert me to any filings or news releases issued by LP?
Current News Releases may be obtained online. Our E-mail Alerts feature is available if you wish to be notified when LP issues a new press release. Also use our E-mail Alerts feature if you wish to be notified when LP files selected financial documents with the SEC, or when LP's annual report or proxy statement is posted to our website.
When and where is the next annual meeting of shareholders?
LP's annual meeting of shareholders has historically been held on the first or second Monday in May. The last annual meeting was held May 1, 2015 in Nashville, Tennessee.