At the end of August 09, 2023, Lowe's Companies LOW will reward its shareholders with a dividend payout of $1.10 per share, demonstrating an annualized dividend yield of 2.19%. Remember, only investors who held the stock before the ex-dividend date on July 25, 2023 will receive this payout.
Lowe's Companies Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-07-25 | 4 | $1.1 | 2.19% | 2023-05-26 | 2023-07-26 | 2023-08-09 |
| 2023-04-25 | 4 | $1.05 | 2.21% | 2023-03-24 | 2023-04-26 | 2023-05-10 |
| 2023-01-24 | 4 | $1.05 | 2.06% | 2022-11-11 | 2023-01-25 | 2023-02-08 |
| 2022-10-18 | 4 | $1.05 | 1.99% | 2022-08-26 | 2022-10-19 | 2022-11-02 |
| 2022-07-19 | 4 | $1.05 | 2.15% | 2022-05-27 | 2022-07-20 | 2022-08-03 |
| 2022-04-19 | 4 | $0.8 | 1.37% | 2022-03-18 | 2022-04-20 | 2022-05-04 |
| 2022-01-18 | 4 | $0.8 | 1.38% | 2021-11-12 | 2022-01-19 | 2022-02-02 |
| 2021-10-19 | 4 | $0.8 | 1.56% | 2021-08-27 | 2021-10-20 | 2021-11-03 |
| 2021-07-20 | 4 | $0.8 | 1.65% | 2021-05-27 | 2021-07-21 | 2021-08-04 |
| 2021-04-20 | 4 | $0.6 | 1.37% | 2021-03-19 | 2021-04-21 | 2021-05-05 |
| 2021-01-19 | 4 | $0.6 | 1.52% | 2020-11-13 | 2021-01-20 | 2021-02-03 |
| 2020-10-20 | 4 | $0.6 | 1.51% | 2020-08-21 | 2020-10-21 | 2020-11-04 |
Analyzing Lowe's Companies Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $2.13 to $3.95, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Lowe's Companies
The earnings chart illustrates an increase in Lowe's Companies's earnings per share, from $5.58 in 2019 to $13.23 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
In this article, we delve into Lowe's Companies's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $1.10 per share today, resulting in an annualized dividend yield of 2.19%.
Given that Lowe's Companies has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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