Lowe’s Companies, Inc. (NYSE:LOW) to Issue $1.20 Quarterly Dividend

Lowe’s Companies, Inc. (NYSE:LOW) announced a quarterly dividend on Thursday, March 19th. Investors of record on Wednesday, April 22nd will be paid a dividend of 1.20 per share by the home improvement retailer on Wednesday, May 6th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, April 22nd.

Lowe’s Companies has increased its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 53 consecutive years. Lowe’s Companies has a dividend payout ratio of 36.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Lowe’s Companies to earn $12.54 per share next year, which means the company should continue to be able to cover its $4.80 annual dividend with an expected future payout ratio of 38.3%.

Lowe’s Companies Price Performance

Shares of Lowe’s Companies stock opened at $229.33 on Friday. Lowe’s Companies has a 1 year low of $206.38 and a 1 year high of $293.06. The firm has a market cap of $128.64 billion, a PE ratio of 19.35, a PEG ratio of 5.02 and a beta of 0.98. The company has a 50 day simple moving average of $267.35 and a two-hundred day simple moving average of $253.54.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The firm had revenue of $20.58 billion for the quarter, compared to analyst estimates of $20.34 billion. During the same quarter in the prior year, the firm earned $1.93 EPS. The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, research analysts anticipate that Lowe’s Companies will post 11.9 earnings per share for the current year.

Lowe’s Companies News Roundup

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Board declares quarterly cash dividend of $1.20 per share (payable May 6; record April 22) — supports income-oriented investors and signals management confidence in cash flow. LOWE’S COMPANIES, INC. DECLARES CASH DIVIDEND
• Positive Sentiment: Launch of HomeCare+ subscription ($99/yr) bundled with MyLowe’s Rewards — aims to create recurring revenue, increase customer retention and drive more frequent store/app engagement from DIY and Pro customers. This is a strategic push into services that can raise lifetime value. Lowe’s Unveils Subscription Service for Consumer Home Maintenance
• Positive Sentiment: Expanded partnership with RELEX (AI-driven replenishment + Accenture integration) to unify Lowe’s inventory replenishment/allocation — should improve in‑stock levels, reduce waste, and support merchandising productivity, which can boost sales and margins over time. RELEX Solutions Announces Expanded Partnership with Lowe’s to Strengthen Their Supply Chain Agility
• Neutral Sentiment: Minor institutional purchase reported: Achmea Investment Management increased its Lowe’s stake by ~6,916 shares — a small 13F disclosure that signals some institutional buying but is unlikely to move the tape materially. Achmea Investment Management B.V. Buys 6,916 Shares of Lowe’s Companies, Inc. $LOW
• Neutral Sentiment: Increased investor attention/publicity — articles and Zacks coverage note heightened searches and interest in LOW, which can amplify volatility but doesn’t by itself change fundamentals. Investors Heavily Search Lowe’s Companies, Inc. (LOW): Here is What You Need to Know

Lowe’s Companies Company Profile

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.