Lowe's Companies, Inc. Declares Cash Dividend

Rhea-AI Summary

The Board of Directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of $0.60 per share, payable on May 5, 2021, to shareholders of record as of April 21, 2021. The company, based in Mooresville, N.C., reported fiscal year 2020 sales nearing $90 billion, serving approximately 20 million customer transactions weekly in the U.S. and Canada. Lowe's employs over 300,000 associates and operates more than 2,200 stores across North America.

Positive

• Quarterly cash dividend of $0.60 per share enhances shareholder income.
• Fiscal year 2020 sales of nearly $90 billion indicate strong business performance.
• Lowe's serves approximately 20 million customer transactions a week, reflecting high customer engagement.

Negative

• None.

MOORESVILLE, N.C., March 19, 2021 /PRNewswire/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of sixty cents ($0.60) per share, payable May 5, 2021, to shareholders of record as of April 21, 2021.

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 20 million customer transactions a week in the United States and Canada. With fiscal year 2020 sales of nearly $90 billion, Lowe's and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ over 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	Jackie Pardini Hartzell
	704-775-3856	704-758-4317
	kate.pearlman@lowes.com	jaclyn.pardini@lowes.com

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SOURCE Lowe's Companies, Inc.

FAQ

What is the dividend amount declared by Lowe's?

Lowe's has declared a quarterly cash dividend of $0.60 per share.

When will Lowe's dividend be paid?

The dividend will be payable on May 5, 2021.

What is the record date for Lowe's dividend?

The record date for Lowe's dividend is April 21, 2021.

How much did Lowe's earn in fiscal year 2020?

Lowe's reported nearly $90 billion in sales for fiscal year 2020.

How many employees does Lowe's have?

Lowe's employs over 300,000 associates.