The board of directors for Lowe’s Companies, Inc. has declared a quarterly cash dividend of eighty cents ($0.80) per share, payable August 4, 2021, to shareholders of record as of July 21, 2021.
Based on its confidence in the company’s continued business momentum, its growth trajectory and strong cash flow generation, the board of directors approved a 33 percent increase in the quarterly cash dividend. 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.
About Lowe’s
Lowe’s Companies, Inc. is a FORTUNE® 50 home improvement company serving approximately 20 million customers a week in the United States and Canada. With fiscal year 2020 sales of $89.6 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 |
Ben Boyd |
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704-775-3856 |
917-423-5010 |
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kate.pearlman@lowes.com |
ben.boyd@lowes.com |