LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND

Rhea-AI Summary

Lowe's Companies (NYSE: LOW) has announced a quarterly cash dividend of $1.15 per share. The dividend will be payable on November 6, 2024, to shareholders of record as of October 23, 2024. This declaration by the board of directors demonstrates Lowe's commitment to returning value to its shareholders. The consistent dividend payout signals financial stability and confidence in the company's future performance. For investors, this represents a steady income stream and potential attractiveness for income-focused portfolios.

Positive

• Consistent quarterly dividend payout of $1.15 per share
• Demonstrates financial stability and shareholder value focus
• Provides steady income stream for investors

Negative

• None.

News Market Reaction – LOW

-1.22%

-1.22% Session move

In the trading session that priced this news, LOW declined 1.22%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MOORESVILLE, N.C., Aug. 30, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 15 cents ($1.15) per share, payable Nov. 6, 2024, to shareholders of record as of Oct. 23, 2024.

About Lowe's

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.

LOW-IR

Contacts:	Shareholder / Analyst Inquiries:	Media Inquiries:
	Kate Pearlman	Steve Salazar
	704-775-3856	steve.j.salazar@lowes.com
	kate.pearlman@lowes.com

 

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SOURCE Lowe's Companies, Inc.

FAQ

What is the amount of Lowe's (LOW) quarterly dividend for 2024?

Lowe's Companies (LOW) has declared a quarterly cash dividend of $1.15 per share for 2024.

When is the payment date for Lowe's (LOW) latest dividend?

The payment date for Lowe's (LOW) latest dividend is November 6, 2024.

What is the record date for Lowe's (LOW) upcoming dividend?

The record date for Lowe's (LOW) upcoming dividend is October 23, 2024.

How often does Lowe's (LOW) pay dividends?

Based on this announcement, Lowe's (LOW) pays dividends quarterly.