Lowe's Cos. (LOW) Raises Quarterly Dividend 21.7% to $0.28; 1.6% Yield

May 29, 2015 10:04 AM EDT

Lowe's Cos. (NYSE: LOW) declared a quarterly dividend of $0.28 per share, or $1.12 annualized. This is a 21.7% increase from the prior dividend of $0.23.

The dividend will be payable on August 5, 2015, to stockholders of record on July 22, 2015, with an ex-dividend date of July 20, 2015.

The annual yield on the dividend is 1.6 percent.

For a dividend history and other dividend-related data on Lowe's Cos. (LOW) click here.

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