Lowe's raises dividend by 17.1 percent in 2018 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 17.1%

Thursday 31 May 2018

Lowe's Companies (LOW) will raise its quarterly dividend by 17.1 percent to $0.48 per share in 2018. This marks the 57th consecutive year of dividend increases by the home improvement retailer.

The new dividend is payable Aug. 8, 2018, to shareholders of record as of July 25, 2018. Lowe's has declared a cash dividend every quarter since going public in 1961. The new dividend yield for LOW is 2.0%.

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.

Lowe's Companies

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