Lowe's Cos. (LOW) Raises Quarterly Dividend 4.8% to $1.10; 2.2% Yield

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LOWE'S COMPANIES, INC. ANNOUNCES 5% INCREASE TO QUARTERLY CASH DIVIDEND

May 26, 2023 9:20 AM EDT

MOORESVILLE, N.C., May 26, 2023 /PRNewswire/ -- The board of directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 10 cents ($1.10) per share, payable Aug. 9, 2023, to shareholders of record as of July 26, 2023. This represents a 5% increase over the company's previous dividend of one dollar and five cents ($1.05) per share.

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