Lowe's Companies, Inc. Declares Cash Dividend

Rhea-AI Summary

Lowe's Companies, Inc. has declared a quarterly cash dividend of $0.60 per share, payable on February 3, 2021. Shareholders of record as of January 20, 2021 will receive this dividend. In 2019, Lowe's reported fiscal year sales of $72.1 billion and serves approximately 18 million customers weekly across over 2,200 stores in the U.S. and Canada. The company is committed to supporting communities through affordable housing initiatives and developing skilled trade programs.

Positive

• Quarterly cash dividend of $0.60 per share enhances shareholder income.
• Strong fiscal year 2019 sales of $72.1 billion indicate solid business performance.
• Serves approximately 18 million customers weekly, reflecting strong market presence.

Negative

• None.

MOORESVILLE, N.C., Nov. 13, 2020 /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 February 3, 2021, to shareholders of record as of January 20, 2021.

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 18 million customers a week in the United States and Canada. With fiscal year 2019 sales of $72.1 billion, Lowe's and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ approximately 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

View original content to download multimedia:http://www.prnewswire.com/news-releases/lowes-companies-inc-declares-cash-dividend-301172987.html

SOURCE Lowe's Companies, Inc.

FAQ

What is the amount of Lowe's dividend declared on November 13, 2020?

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

When will Lowe's pay the dividend declared on November 13, 2020?

The dividend will be payable on February 3, 2021.

What is the record date for Lowe's dividend?

The record date for the dividend is January 20, 2021.

How much were Lowe's sales for the fiscal year 2019?

Lowe's reported sales of $72.1 billion for fiscal year 2019.