Lowe's hikes dividend by 25% Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Lowe's Companies As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Lowe's Companies As of October 10, 2023	LOW	$4.40	4.8%	31.2%	33.3%
Home Improvement Retailer	2.2%	62	18.0%	Quarter	1961

Lowe's hikes dividend by 25%

Friday 27 May 2016

Dividend Aristocrat Lowe's Companies (LOW) will raise its quarterly dividend by 25.0 percent to $0.35 per share in 2016. This follows a five cent per share dividend boost by Lowe's to 28 cents quarterly per share last year.

Lowe's Companies, Inc. is a home improvement retailer. The company operates home improvement and hardware stores in The United States, Canada and Mexico. The Canadian Stores include RONA Inc., acquired by Lowe's in 2016. The company's customers include homeowners, renters, and professional customers. Lowe's was founded in 1946, incorporated in North Carolina in 1952 and has declared a cash dividend every quarter since going public in 1961.

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