Lowe’s Companies, Inc. (NYSE:LOW) Shareholders to Collect $1.25 Quarterly Dividend

Lowe’s Companies, Inc. (NYSE:LOW) announced a quarterly dividend on Friday, August 28th. Shareholders of record on Wednesday, October 21st will be given a dividend of $1.25 per share by the home improvement retailer on Wednesday, November 4th. This represents a $5.00 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, October 21st.

Lowe’s Companies has increased its dividend by an average of 0.2% annually over the last three years and has raised its dividend annually for the last 53 consecutive years. Lowe’s Companies has a dividend payout ratio of 37.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Lowe’s Companies to earn $13.03 per share next year, which means the company should continue to be able to cover its $5.00 annual dividend with an expected future payout ratio of 38.4%.

Lowe’s Companies Stock Down 0.1%

Shares of NYSE LOW opened at $197.22 on Monday. The firm has a fifty day simple moving average of $199.44 and a 200 day simple moving average of $214.70. Lowe’s Companies has a twelve month low of $178.45 and a twelve month high of $293.06. The company has a market capitalization of $110.65 billion, a PE ratio of 16.67, a P/E/G ratio of 1.65 and a beta of 0.89.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18. The company had revenue of $25.96 billion for the quarter, compared to the consensus estimate of $26.13 billion. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%. The firm’s revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the business earned $4.33 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, equities analysts expect that Lowe’s Companies will post 12.26 earnings per share for the current fiscal year.

About Lowe’s Companies

Lowe’s Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.

Its merchandise includes appliances, tools, hardware, lumber, building materials, electrical and plumbing supplies, paint, flooring, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal merchandise.