Lowe's Companies As of June 21, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
LOW $4.20 31.3% 33.3% 9.1%
Business yield Hike yrs 5 yr CAGR freq. paid since
Home Improvement Retailer 2.4% 61 20.7% Quarter 1961

Lowe's Companies (LOW) will raise its quarterly dividend to $1.05 per share in 2022. This marks 61 consecutive years of dividend increases by the Dividend Aristocrat. The dividend yield for LOW is 2.1% at a stock price of $200. The next LOW dividend is payable August 3, 2022, to shareholders of record as of July 20, 2022.

"I am pleased with the meaningful progress that we have made in our journey to becoming a world-class omnichannel retailer, and I am excited about the opportunities that lie ahead," said Marvin R. Ellison, Lowe's chairman, president and CEO. "Today's dividend increase reflects the strength and consistency of our cash flow and our continued commitment to returning capital to our shareholders."

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.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Jul 05 CSCO 3.4% 2.7%
Jul 05 CMCSA 2.8% 8.0%
Jul 05 DGX 2.0% 6.5%
Jul 05 GPS 6.8% 25.0%
Jul 05 JPM 3.5% 0.0%
Jul 06 CPB 3.1% 0.0%
Jul 06 SRE 3.2% 4.1%
Jul 07 ROP 0.6% 0.0%
Jul 07 MA 0.6% 0.0%
Jul 07 NTAP 3.1% 0.0%