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LOW Lowes Companies Inc

233.00
3.42 (1.49%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Lowes Companies Inc NYSE:LOW NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  3.42 1.49% 233.00 238.15 231.98 233.58 1,834,731 00:03:33

Lowe's Raises Quarterly Dividend by 14.6% to 55 Cents

31/05/2019 4:01pm

Dow Jones News


Lowes Companies (NYSE:LOW)
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By Colin Kellaher

 

Lowe's Cos. (LOW) on Friday said its board raised the quarterly dividend by 14.6% to 55 cents from 48 cents.

The new payout, equal to $2.20 a year, represents an annual yield of about 2.34% based on Thursday's closing price of $93.88, up from about 2.05%.

The Mooresville, N.C., home-improvement retailer said the increased dividend is payable Aug. 7 to shareholders of record July 24.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

May 31, 2019 10:46 ET (14:46 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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