Lowe's Cos. (LOW) Raises Quarterly Dividend 25% to $0.35; 1.7% Yield

May 27, 2016 10:21 AM EDT

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

Lowe's Cos. (NYSE: LOW) declared a quarterly dividend of $0.35 per share, or $1.4 annualized. This is a 25% increase from the prior dividend of $0.28.

The dividend will be payable on August 3, 2016, to stockholders of record on July 20, 2016, with an ex-dividend date of July 18, 2016.

The annual yield on the dividend is 1.7 percent.

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

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Dividend Hike, Dividends

Related Entities