Lowe's (LOW) Declares $0.11 Quarterly Dividend; 1.7% Yield

Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of $0.11 per share, $0.44 annualized.

The dividend is payable May 4, 2011, to shareholders of record as of April 20, 2011. The ex-dividend date is April 18, 2011.

Yield on the dividend is 1.7%.

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