Portland-based Lousiana-Pacific, which has cut more than 20% of its staff in the past 18 months, said it will think about paying dividends again dividend payment once its financial condition improves. The suspension of the $0.05-per-share dividend is expected to save the company $20 million per year.

Shares of Louisiana-Pacific closed at $7.19 on Friday on the NYSE. In early afternoon trading Monday, shares had rebounded to $7.28. The stock is off nearly 100% from its 52-week high of $13.95 on May 21, and off 23% since Sept. 10, the day before trading was suspended for a week in response to the terrorist attacks.

Louisiana-Pacific is a building products company, operating approximately 66 facilities in the United States, Canada, Chile and Ireland. The company distributes its building products primarily through third-party distributors and home centers.