Lowe's (LOW) Rises on Boosted Payout

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Lowes Cos. (LOW) Raises Qtr. Dividend 12.5% to $0.18; 1.7% Yield

May 31, 2013 10:17 AM EDT

Lowes Cos. (NYSE: LOW) declared a quarterly dividend of $0.18 per share, or $0.72 annualized. This is a 12.5% increase from the prior dividend of $0.16.

The dividend will be payable on August 7, 2013, to stockholders of record on July 24, 2013, with an ex-dividend date of July 22, 2013.... More