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Published on 05/29/2026 at 08:08 am EDT
By Colin Kellaher
Lowe's Cos.' board has raised the home-improvement retailer's quarterly dividend by 4.2%, to $1.25 from $1.20.
The new payout, equal to $5 a year, represents an annual yield of about 2.29% based on Thursday's closing price of $217.92, up from 2.2%.
The Mooresville, N.C., company on Friday said the increased dividend is payable Aug. 5 to shareholders of record July 22.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
05-29-26 0807ET
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