LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND

Rhea-AI Summary

Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of $1.05 per share, set to be paid on May 10, 2023. Shareholders of record by April 26, 2023 will receive this dividend. The company reported over $97 billion in total sales for fiscal 2022, with approximately $92 billion generated in the U.S. Lowe's serves around 17 million customer transactions weekly and operates over 1,700 home improvement stores nationwide, employing nearly 300,000 associates.

Positive

• Declared quarterly cash dividend of $1.05 per share.
• Total fiscal year 2022 sales exceeded $97 billion.
• Operates over 1,700 stores, providing extensive community service.

Negative

• None.

MOORESVILLE, N.C., March 24, 2023 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and five cents ($1.05) per share, payable May 10, 2023 to shareholders of record as of April 26, 2023.

About Lowe's

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 17 million customer transactions a week in the U.S. With total fiscal year 2022 sales of over $97 billion, approximately $92 billion of sales were generated in the U.S., where Lowe's operates over 1,700 home improvement stores and employs 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	Steve Salazar
	704-775-3856	steve.j.salazar@lowes.com
	kate.pearlman@lowes.com

 

 

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SOURCE Lowe's Companies, Inc.

FAQ

What is the dividend amount declared by Lowe's (LOW) for May 2023?

Lowe's has declared a dividend of $1.05 per share, payable on May 10, 2023.

When will Lowe's dividend be paid to shareholders?

The dividend will be paid on May 10, 2023, to shareholders of record as of April 26, 2023.

How much were Lowe's total sales in fiscal year 2022?

Lowe's total sales for fiscal year 2022 were over $97 billion.

How many stores does Lowe's operate?

Lowe's operates over 1,700 home improvement stores across the U.S.