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Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and internationally. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, lighting, and electrical. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private brand products to homeowners, renters, and professional customers. As of January 28, 2022, it operated 1,971 home improvement and hardware stores. The company also sells its products through websites comprising Lowes.com and Lowesforpros.com; and through mobile applications. Lowe's Companies, Inc. was founded in 1921 and is based in Mooresville, North Carolina.

Lowe's Dividend Announcement

Lowe's announced a quarterly dividend of $1.15 per ordinary share which will be made payable on 2024-11-06. Ex dividend date: 2024-10-23
Lowe's annual dividend for 2024 was $4.50
Lowe's annual dividend for 2023 was $4.30
Lowe's's trailing twelve-month (TTM) dividend yield is 1.58%
Lowe's's payout ratio for the trailing twelve months (TTM) is 36.59%
Lowe's's dividend growth over the last five years (2018-2023) was 19.29% year
Lowe's's dividend growth over the last ten years (2013-2023) was 20.25% year

Lowe's Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-23$1.15quarterly2024-11-06
2024-07-24$1.15quarterly2024-08-07
2024-04-23$1.10quarterly2024-05-08
2024-01-23$1.10quarterly2024-02-07
2023-10-24$1.10quarterly2023-11-08
2023-07-25$1.10quarterly2023-08-09
2023-04-25$1.05quarterly2023-05-10
2023-01-24$1.05quarterly2023-02-08
2022-10-18$1.05quarterly2022-11-02
2022-07-19$1.05quarterly2022-08-03
2022-04-19$0.80quarterly2022-05-04
2022-01-18$0.80quarterly2022-02-02
2021-10-19$0.80quarterly2021-11-03
2021-07-20$0.80quarterly2021-08-04
2021-04-20$0.60quarterly2021-05-05
2021-01-19$0.60quarterly2021-02-03
2020-10-20$0.60quarterly2020-11-04
2020-07-21$0.55quarterly2020-08-05
2020-04-21$0.55quarterly2020-05-06
2020-01-21$0.55quarterly2020-02-05
2019-10-22$0.55quarterly2019-11-06
2019-07-23$0.55quarterly2019-08-07
2019-04-23$0.48quarterly2019-05-08
2019-01-22$0.48quarterly2019-02-06
2018-10-23$0.48quarterly2018-11-07
2018-07-24$0.48quarterly2018-08-08
2018-04-24$0.41quarterly2018-05-09
2018-01-23$0.41quarterly2018-02-07
2017-10-24$0.41quarterly2017-11-08
2017-07-24$0.41quarterly2017-08-09
2017-04-24$0.35quarterly2017-05-10
2017-01-23$0.35quarterly2017-02-08
2016-10-17$0.35quarterly2016-11-02
2016-07-18$0.35quarterly2016-08-03
2016-04-18$0.28quarterly2016-05-04
2016-01-15$0.28quarterly2016-02-03
2015-10-19$0.28quarterly2015-11-04
2015-07-20$0.28quarterly2015-08-05
2015-04-20$0.23quarterly2015-05-06
2015-01-16$0.23quarterly2015-02-04
2014-10-20$0.23quarterly2014-11-05
2014-07-21$0.23quarterly2014-08-06
2014-04-21$0.18quarterly2014-05-07
2014-01-17$0.18quarterly2014-02-05
2013-10-21$0.18quarterly2013-11-06
2013-07-22$0.18quarterly2013-08-07
2013-04-22$0.16quarterly2013-05-08
2013-01-18$0.16quarterly2013-02-06

Lowe's Dividend per year

Lowe's Dividend growth

Lowe's Dividend Yield

Lowe's current trailing twelve-month (TTM) dividend yield is 1.58%. Interested in purchasing Lowe's stock? Use our calculator to estimate your expected dividend yield:

Lowe's Financial Ratios

P/E ratio23.10
PEG ratio0.86
P/B ratio-11.63
ROE-47.34%
Payout ratio36.59%
Current ratio1.22
Quick ratio0.30
Cash Ratio0.24

Lowe's Dividend FAQ

How much is the next Lowe's dividend?
Lowe's's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Lowe's dividend. The next Lowe's dividend will be released in January, April, July, or October.
When is Lowe's dividend paid?
Lowe's pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Lowe's pay?
The specific amount of Lowe's dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Lowe's's dividend history.
Does Lowe's stock pay dividends?
Yes, Lowe's does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Lowe's's dividend history.
How much dividend does Lowe's pay?
Lowe's paid $4.5 in 2024, $4.3 in 2023, $3.7 in 2022, $2.8 in 2021, and $2.25 in 2020.
How often does Lowe's pay dividends?
Lowe's typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Lowe's's dividend yield?
The current dividend yield for Lowe's is 1.58%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Lowe's's exact dividend yield.
When does Lowe's go ex dividend?
Lowe's's ex-dividend date for the latest dividend was on 2024-10-23. Lowe's typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Lowe's dividend paid?
Lowe's pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Lowe's increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Lowe's will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Lowe's dividend per share?
Lowe's paid $4.5 per share in 2024 and $4.3 per share in 2023. The amount of dividend per share that Lowe's pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Lowe's a dividend aristocrat?
Yes, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Lowe's a dividend king?
Yes, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Lowe's a dividend stock?
Yes, Lowe's is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Lowe's a good dividend stock?
Whether Lowe's is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Lowe's has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Lowe's as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Lowe's pay dividends monthly?
Lowe's typically pays dividends on a quarterly basis.
Does Lowe's pay dividends quarterly?
Lowe's currently pays dividends on a quarterly basis.
Has Lowe's ever paid a dividend?
Yes, Lowe's has a history of paying dividends to its shareholders. Lowe's is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Lowe's dividend stocks?
To buy Lowe's you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Lowe's stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Lowe's pay dividends 2024?
Lowe's pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-06. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Lowe's increase its dividend in 2024?
Decisions regarding Lowe's dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Lowe's dividend overview you can look into the above table of dividend history.
How Lowe's dividend works?
The Lowe's dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Lowe's's dividend process works:

1. Determination of Dividend: Lowe's's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Lowe's publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Lowe's distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Lowe's are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Lowe's dividends paid?
Lowe's dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Lowe's sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Lowe's distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Lowe's declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Lowe's pay dividends?
Lowe's typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Lowe's pay dividends?
The general pattern is that Lowe's pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Lowe's dividend safe?
The safety of Lowe's's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Lowe's's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Lowe's's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.