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LOW Lowes Companies dividend history, payout ratio & dates

  1. Stocks
  2. Consumer Cyclical
  3. NYSE: LOW
  4. Dividend

Lowes Companies's last quarterly dividend was on Jul 25, 2023 (ex-date) with a distribution of $1.1 per share. At an annualized rate of $4.25 per share, the stock yields 2%. The latest dividend has grown by $0.05, or 4.8% from the previous dividend.

Key dates

  • LOW last dividend date: Jul 25, 2023
  • LOW next dividend date: Oct 24, 2023
Peer dividends: HD
LOW dividend stats
DPS
$4.25
Dividend yield
2.02%
Payout ratio
41.5%
vs. Consumer Cyclical sector
Dividend yield
2.58%
Payout ratio
32.9%

Dividend yield

What is Lowes Companies current dividend yield

Lowes Companies's dividend yield of 2% is below the Consumer Cyclical sector average. In comparison with its Consumer Cyclical sector average of 2.58%, Lowes Companies's dividend yield is 22% lower. Historically LOW's dividend yield has averaged at 1.7% in the last 5 years, which is lower than the current yield.

Dividend history

What is LOW dividend payout history and dates

Lowes Companies has been paying dividends since 2000. LOW has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 23% since one year ago. And with the stock price up by 13% from a year ago, the dividend yield has grown by 9%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jul 25, 2023 Aug 9, 2023 May 26, 2023 $1.1 normal
Apr 25, 2023 May 10, 2023 Mar 24, 2023 $1.05 normal
Jan 24, 2023 Feb 8, 2023 Nov 11, 2022 $1.05 normal
Oct 18, 2022 Nov 2, 2022 Aug 26, 2022 $1.05 normal
Jul 19, 2022 Aug 3, 2022 May 27, 2022 $1.05 normal
Apr 19, 2022 May 4, 2022 Mar 18, 2022 $0.8 normal
Jan 18, 2022 Feb 2, 2022 Nov 12, 2021 $0.8 normal
Oct 19, 2021 Nov 3, 2021 Aug 27, 2021 $0.8 normal
Jul 20, 2021 Aug 4, 2021 May 27, 2021 $0.8 normal
Apr 20, 2021 May 5, 2021 Mar 19, 2021 $0.6 normal
Jan 19, 2021 Feb 3, 2021 Nov 13, 2020 $0.6 normal
Oct 20, 2020 Nov 4, 2020 Aug 21, 2020 $0.6 normal
Jul 21, 2020 Aug 5, 2020 May 28, 2020 $0.55 normal
Apr 21, 2020 May 6, 2020 Mar 20, 2020 $0.55 normal
Jan 21, 2020 Feb 5, 2020 Nov 8, 2019 $0.55 normal
Oct 22, 2019 Nov 6, 2019 Aug 16, 2019 $0.55 normal
Jul 23, 2019 Aug 7, 2019 May 31, 2019 $0.55 normal
Apr 23, 2019 May 8, 2019 Mar 22, 2019 $0.48 normal
Jan 22, 2019 Feb 6, 2019 Nov 9, 2018 $0.48 normal
Oct 23, 2018 Nov 7, 2018 Aug 17, 2018 $0.48 normal
Jul 24, 2018 Aug 8, 2018 Jun 1, 2018 $0.48 normal
Apr 24, 2018 May 9, 2018 Mar 23, 2018 $0.41 normal
Jan 23, 2018 Feb 7, 2018 Nov 10, 2017 $0.41 normal
Oct 24, 2017 Nov 8, 2017 Aug 18, 2017 $0.41 normal
Jul 24, 2017 Aug 9, 2017 Jun 2, 2017 $0.41 normal
Apr 24, 2017 May 10, 2017 Mar 24, 2017 $0.35 normal
Jan 23, 2017 Feb 8, 2017 Nov 11, 2016 $0.35 normal
Oct 17, 2016 Nov 2, 2016 Aug 19, 2016 $0.35 normal
Jul 18, 2016 Aug 3, 2016 $0.35 normal
Apr 18, 2016 May 4, 2016 Mar 18, 2016 $0.28 normal
Jan 15, 2016 Feb 3, 2016 $0.28 normal
Oct 19, 2015 Nov 4, 2015 $0.28 normal
Jul 20, 2015 Aug 5, 2015 $0.28 normal

Lowes Companies dividend payout ratio

What is Lowes Companies dividend payout ratio compared to the sector

Payout ratio

Lowes Companies's payout ratio of 41.5% is above the Consumer Cyclical sector average. In comparison with its Consumer Cyclical sector average of 32.9%, Lowes Companies's payout ratio is 26% higher.

Total amount of dividends paid per financial year (from cash flow)

LOW dividend vs peer dividends

How does LOW dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
HD Home Depot Inc 2.68% $8.17 50.9%
LOW Lowes Companies Inc 2.02% $4.25 41.5%

Frequently asked questions

Does Lowes Companies pay a dividend?

Yes, Lowes Companies has been paying dividends for the last 24 years.

When is Lowes Companies's next dividend?

LOW has announced its next dividend with ex-date Oct 24, 2023.

When was LOW's last dividend?

Lowes Companies's last regular dividend was on Jul 25, 2023 (ex-date) with the amount of $1.1 per share.

How much dividend does Lowes Companies pay (per share)?

LOW's annualized dividend per share is $4.25.

What is Lowes Companies's dividend yield?

The current dividend yield of Lowes Companies is 2%.

How often does Lowes Companies pay dividends?

Lowes Companies pays dividends quarterly.

What is Lowes Companies's dividend payout ratio?

Lowes Companies's dividend payout ratio is 41.5%.

Does Lowes Companies pay a good dividend?

Lowes Companies's dividend yield is lower than the Consumer Cyclical sector average.