LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND

Rhea-AI Summary

Lowe's Companies, Inc. (NYSE: LOW) has announced a quarterly cash dividend of $0.80 per share, payable on May 4, 2022. Shareholders of record as of April 20, 2022 will receive this payment. In fiscal year 2021, Lowe's reported sales exceeding $96 billion and serves around 19 million customers weekly across nearly 2,200 stores in the U.S. and Canada. This announcement underscores Lowe's commitment to return value to its shareholders while continuing to support community development initiatives.

Positive

• Quarterly cash dividend of $0.80 per share enhances shareholder income.
• Fiscal year 2021 sales exceeded $96 billion, indicating strong financial performance.
• Lowe's serves approximately 19 million customers weekly, demonstrating high customer engagement.

Negative

• None.

MOORESVILLE, N.C., March 18, 2022 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of 80 cents ($0.80) per share, payable May 4, 2022 to shareholders of record as of April 20, 2022.

About Lowe's

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 19 million customer transactions a week in the United States and Canada. With fiscal year 2021 sales of over $96 billion, Lowe's and its related businesses operate or service nearly 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.

LOW-IR

Contacts:	Shareholder / Analyst Inquiries:	Media Inquiries:
	Kate Pearlman	Steve Salazar
	704-775-3856	704-758-4345
	kate.pearlman@lowes.com	steve.j.salazar@lowes.com

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SOURCE Lowe's Companies, Inc.

FAQ

When is Lowe's dividend payment date in 2022?

Lowe's dividend payment date is on May 4, 2022.

What is the amount of Lowe's declared dividend?

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

Who is eligible for Lowe's dividend in 2022?

Shareholders of record as of April 20, 2022, are eligible for Lowe's dividend.

What were Lowe's sales figures for fiscal year 2021?

Lowe's reported sales of over $96 billion in fiscal year 2021.

How many customers does Lowe's serve weekly?

Lowe's serves approximately 19 million customer transactions each week.