Lowes Cos. (LOW) Raises Quarterly Dividend 27.8% to $0.23; 2% Yield

May 30, 2014 10:04 AM EDT

Lowes Cos. (NYSE: LOW) declared a quarterly dividend of $0.23 per share, or $0.92 annualized. This is a 27.8% increase from the prior dividend of $0.18.

The dividend will be payable on August 6, 2014, to stockholders of record on July 23, 2014, with an ex-dividend date of July 21, 2014.

The annual yield on the dividend is 2 percent.

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

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