Lowe’s boosts quarterly dividend 4%, extending decades-long hike streak

Lowe’s Companies (NYSE:LOW) authorized a 4% increase to its quarterly cash dividend, extending a multi-decade track record of annual payout increases and signaling confidence in its steady cash generation capabilities.

The Mooresville, North Carolina-based home improvement retail giant announced that its Board of Directors declared a quarterly cash dividend of $1.25 per share.

The new payout is up from the previous quarterly distribution of $1.20 per share.

The dividend will be paid on August 5, 2026, to shareholders of record at the close of business on July 22, 2026.

The 5-cent upward adjustment pushes the retailer's annualized dividend rate to $5 per share.

Based on the stock’s current trading levels, the distribution represents a forward dividend yield of approximately 2.2%.

The move also extends an elite capital return legacy, keeping Lowe's firmly within the ranks of major U.S. corporations that have delivered more than 25 consecutive years of dividend increases to their investor base.