Dividend Announcement Thread!

[Dividend Watcher]

LOWE'S COMPANIES, INC. ANNOUNCES INCREASE IN QUARTERLY CASH DIVIDEND

MOORESVILLE, N.C., May 30, 2025 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 20 cents ($1.20) per share, payable Aug. 6, 2025, to shareholders of record as of July 23, 2025.  This represents a 4% increase over the company's previous dividend of one dollar and 15 cents ($1.15) per share.

"We are pleased with the ongoing transformation of the company, despite near-term challenges in the macro environment.  We're evolving our Total Home strategy so that we will be well-positioned to capitalize on the expected recovery in home improvement, and we continue to make the right investments in long-term growth," said Marvin R. Ellison, Lowe's chairman, president and CEO. "This dividend increase reflects the Board's confidence in these investments, and the company's commitment to delivering sustainable shareholder value through a disciplined capital allocation strategy."

Lowe's has paid a cash dividend every quarter since going public in 1961, and it has increased the dividend for more than 25 consecutive years.