LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Lowe's Companies (NYSE: LOW) announced that its board of directors has declared a quarterly cash dividend of $1.15 per share. The dividend will be paid on February 5, 2025, to shareholders who are on record as of January 22, 2025.

Positive

Maintains consistent quarterly dividend payment of $1.15 per share
Demonstrates financial stability and commitment to shareholder returns

Negative

None.

News Market Reaction – LOW

+0.88%

1 alert

+0.88% News Effect

On the day this news was published, LOW gained 0.88%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

11/15/2024 - 04:30 PM

MOORESVILLE, N.C., Nov. 15, 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 Feb. 5, 2025, to shareholders of record as of Jan. 22, 2025.

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