Lowe's Companies, Inc. Declares Cash Dividend

Rhea-AI Summary

The Board of Directors of Lowe's Companies (NYSE: LOW) has announced a quarterly cash dividend of $0.80 per share. This dividend will be payable on February 2, 2022, to shareholders recorded by January 19, 2022. This decision follows Lowe's robust fiscal performance, with nearly $90 billion in sales during the previous fiscal year. The company continues to serve approximately 20 million customers weekly across its locations in the U.S. and Canada.

Positive

• Quarterly cash dividend of $0.80 per share boosts investor confidence.
• Strong fiscal year 2020 performance with nearly $90 billion in sales.
• High customer transaction volume, serving approximately 20 million weekly.

Negative

• None.

MOORESVILLE, N.C., Nov. 12, 2021 /PRNewswire/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of eighty cents ($0.80) per share, payable February 2, 2022 to shareholders of record as of January 19, 2022.

About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 20 million customer transactions a week in the United States and Canada. With fiscal year 2020 sales of nearly $90 billion, Lowe's and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ over 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.

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

LOW-IR

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SOURCE Lowe's Companies, Inc.

FAQ

What is the dividend amount declared by Lowe's on November 12, 2021?

Lowe's declared a quarterly cash dividend of $0.80 per share.

When will Lowe's pay the dividend?

The dividend will be paid on February 2, 2022.

What is the record date for Lowe's dividend payment?

The record date for the dividend payment is January 19, 2022.

What were Lowe's sales figures in the fiscal year 2020?

Lowe's reported nearly $90 billion in sales for the fiscal year 2020.

How many customers does Lowe's serve weekly?

Lowe's serves approximately 20 million customer transactions each week.