The board of directors at Lowe’s Companies, Inc. has announced an increase in its quarterly cash dividend to $1.20 per share. This new rate will be payable on August 6, 2025, to shareholders recorded by July 23, 2025. The increment represents a 4% rise from the previous dividend of $1.15 per share.
Marvin R. Ellison, Lowe’s chairman, president and CEO stated, “We are pleased with the ongoing transformation of the company, despite near-term challenges in the macro environment.” He further explained that their Total Home strategy is evolving to take advantage of a potential recovery in home improvement and emphasized continued investments for long-term growth. “This dividend increase reflects the Board’s confidence in these investments, and the company’s commitment to delivering sustainable shareholder value through a disciplined capital allocation strategy,” Ellison added.
Lowe’s has consistently paid a cash dividend every quarter since it became public in 1961 and has increased this dividend for over 25 consecutive years.
Lowe’s Companies, Inc., listed on NYSE as LOW, is a FORTUNE 50 home improvement company serving approximately 16 million customer transactions weekly across the United States. With fiscal year sales exceeding $83 billion in 2024, Lowe’s operates more than 1,700 stores and employs around 300,000 associates. Headquartered in Mooresville, N.C., Lowe’s supports community programs focused on housing safety and affordability, community space improvements, skilled trade development for future generations, and disaster relief efforts.
