Lowe's Cos. (LOW) Raises Quarterly Dividend 9.1% to $0.60; 1.5% Yield

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Go back to Lowe's Cos. (LOW) Raises Quarterly Dividend 9.1% to $0.60; 1.5% Yield

Lowe's Companies, Inc. raises quarterly cash dividend by 9% to $0.60 per share

August 21, 2020 4:30 PM EDT

MOORESVILLE, N.C., Aug. 21, 2020 /PRNewswire/ -- Today the Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) declared a quarterly cash dividend of sixty cents ($0.60) per share, payable November 4, 2020, to shareholders of record as of October 21, 2020.  This represents a nine percent increase over the Company's previous quarterly dividend and brings the third quarter payout to approximately $455 million.  Lowe's has declared a cash dividend every quarter since going public in 1961.

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