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MarketScreener Homepage  >  Equities  >  Nyse  >  Lowe's Companies, Inc.    LOW

LOWE'S COMPANIES, INC.

(LOW)
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Lowe : Raises Quarterly Dividend to 60 Cents a Share

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08/21/2020 | 04:12pm EDT

By Maria Armental

Lowe's Cos. is raising its quarterly dividend by 9% to 60 cents a share, citing the broad-based business momentum during the coronavirus pandemic.

The North Carolina-based chain of home-improvement stores has benefited from higher sales during the pandemic, with sales at stores open at least a year increasing by about 35.1% in the U.S. in the most recent quarter.

The dividend is payable on Nov. 4 to shareholders of record as of Oct. 21.

Lowe's has declared a cash dividend every quarter since going public in 1961.

 

Write to Maria Armental at maria.armental@wsj.com

 

Corrections and Amplifications

This headline was corrected on August 28, 2020 because it misstated that Lowe's raised its quarterly dividend to 66 cents a share. The company raised its dividend to 60 cents a share.


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Financials (USD)
Sales 2021 84 913 M - -
Net income 2021 6 444 M - -
Net Debt 2021 16 791 M - -
P/E ratio 2021 19,3x
Yield 2021 1,39%
Capitalization 122 B 122 B -
EV / Sales 2021 1,63x
EV / Sales 2022 1,70x
Nbr of Employees 260 000
Free-Float 99,9%
Chart LOWE'S COMPANIES, INC.
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Lowe's Companies, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends LOWE'S COMPANIES, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 31
Average target price 183,57 $
Last Close Price 161,42 $
Spread / Highest target 27,0%
Spread / Average Target 13,7%
Spread / Lowest Target -17,6%
EPS Revisions
Managers
NameTitle
Marvin R. Ellison President, Chief Executive Officer & Director
Richard W. Dreiling Independent Chairman
David M. Denton Chief Financial Officer & Executive Vice President
Seemantini Godbole Chief Information Officer & Executive VP
Ralph Alvarez Independent Director
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