Lowe’s Raises Quarterly Dividend 4.17% to $1.25

Lowe’s Companies, Inc. (NYSE: LOW) increased its quarterly dividend to $1.25 per share from $1.20, a 4.17% rise. The new payout equates to an annual dividend of $5 per share and a forward yield of 2.31% at a share price of $216.09.

The ex-dividend date is July 22, 2026. Investors purchasing shares on or after that date would not qualify for the associated quarterly distribution.

The increase extends Lowe’s dividend-growth streak to 30 consecutive years. The home-improvement retailer previously cut its dividend in 1995, according to the locked dividend history supplied for this report. Lowe’s dividend carries a safety score of 90 out of 100 and an A grade.

Business context

Lowe’s said the increase reflects its board’s confidence in the company’s direction, disciplined capital allocation and commitment to sustainable shareholder value. Chairman, president and CEO Marvin Ellison also pointed to execution and continued investment in the retailer’s Total Home strategy. The company has paid a cash dividend every quarter since going public, according to its dividend announcement.

The higher payout comes as Lowe’s navigates a challenging housing backdrop. In its latest quarterly update before the dividend announcement, the company said comparable sales remained positive, supported by spring execution and strength in online, appliance, home-services and professional-customer sales. Management said it remained focused on advancing the Total Home strategy despite pressure in the housing market. Lowe’s also affirmed its full-year outlook and reported another quarter of dividend payments, underscoring the payout’s place in its broader capital-allocation program. Lowe’s first-quarter results

What it means for income investors

The increase adds $0.05 per share to each quarterly payment and $0.20 per share to the annualized payout. At the stated share price, the forward yield remains 2.31%, positioning Lowe’s primarily as a dividend-growth holding rather than a high-yield security. The 30-year growth record and A safety grade indicate consistency in the supplied dividend data, while the consumer-cyclical nature of Lowe’s business means future payout growth remains tied to cash generation through changing housing and renovation cycles.