Lowe's Companies (LOW) Dividend History & Yield
Dividend ChampionLowe's Companies (LOW) has increased its dividend for 27 consecutive years and currently yields 2.17%. The most recent dividend was $1.2000/share on May 6, 2026, paid Quarterly.
Current Yield
2.17%
TTM Dividend/Share
$4.80
Payment Frequency
Quarterly
Payout Ratio
40.6%
Consecutive Growth Years
27 (Dividend Champion)
Div Growth (1Y CAGR)
4.44%
Div Growth (5Y CAGR)
15.87%
Div Growth (10Y CAGR)
16.51%
LOW: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
18.0%
FCF payout ratio
34.7%
Net debt / EBITDA
3.6x
Interest coverage
6.60x
ROIC (TTM)
24.1%
Dividend Safety Score
7 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 40.6%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($13.69) covers dividend/share ($4.80).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
27 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 34.7%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 3.6x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (15.9%) ≤ EPS growth (25.5%) — sustainable.
Per-payment dividend history
Ex-date Apr 22, 2026
- Payment date
- May 6, 2026
- Dividend
- $1.2000
- Adj. dividend
- $1.2000
Ex-date Jan 21, 2026
- Payment date
- Feb 4, 2026
- Dividend
- $1.2000
- Adj. dividend
- $1.2000
Ex-date Oct 22, 2025
- Payment date
- Nov 5, 2025
- Dividend
- $1.2000
- Adj. dividend
- $1.2000
Ex-date Jul 23, 2025
- Payment date
- Aug 6, 2025
- Dividend
- $1.2000
- Adj. dividend
- $1.2000
Ex-date Apr 23, 2025
- Payment date
- May 7, 2025
- Dividend
- $1.1500
- Adj. dividend
- $1.1500
Ex-date Jan 22, 2025
- Payment date
- Feb 5, 2025
- Dividend
- $1.1500
- Adj. dividend
- $1.1500
Ex-date Oct 23, 2024
- Payment date
- Nov 6, 2024
- Dividend
- $1.1500
- Adj. dividend
- $1.1500
Ex-date Jul 24, 2024
- Payment date
- Aug 7, 2024
- Dividend
- $1.1500
- Adj. dividend
- $1.1500
Ex-date Apr 23, 2024
- Payment date
- May 8, 2024
- Dividend
- $1.1000
- Adj. dividend
- $1.1000
Ex-date Jan 23, 2024
- Payment date
- Feb 7, 2024
- Dividend
- $1.1000
- Adj. dividend
- $1.1000
Ex-date Oct 24, 2023
- Payment date
- Nov 8, 2023
- Dividend
- $1.1000
- Adj. dividend
- $1.1000
Ex-date Jul 25, 2023
- Payment date
- Aug 9, 2023
- Dividend
- $1.1000
- Adj. dividend
- $1.1000
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Apr 22, 2026 | May 6, 2026 | $1.2000 | $1.2000 |
| Jan 21, 2026 | Feb 4, 2026 | $1.2000 | $1.2000 |
| Oct 22, 2025 | Nov 5, 2025 | $1.2000 | $1.2000 |
| Jul 23, 2025 | Aug 6, 2025 | $1.2000 | $1.2000 |
| Apr 23, 2025 | May 7, 2025 | $1.1500 | $1.1500 |
| Jan 22, 2025 | Feb 5, 2025 | $1.1500 | $1.1500 |
| Oct 23, 2024 | Nov 6, 2024 | $1.1500 | $1.1500 |
| Jul 24, 2024 | Aug 7, 2024 | $1.1500 | $1.1500 |
| Apr 23, 2024 | May 8, 2024 | $1.1000 | $1.1000 |
| Jan 23, 2024 | Feb 7, 2024 | $1.1000 | $1.1000 |
| Oct 24, 2023 | Nov 8, 2023 | $1.1000 | $1.1000 |
| Jul 25, 2023 | Aug 9, 2023 | $1.1000 | $1.1000 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Lowe's Companies has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 27 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $4.7000 | — | — |
| 2025 | $4.5000 | $4.7000 | +4.4% |
| 2024 | $4.3000 | $4.5000 | +4.7% |
| 2023 | $3.7000 | $4.3000 | +16.2% |
| 2022 | $2.8000 | $3.7000 | +32.1% |
| 2021 | $2.2500 | $2.8000 | +24.4% |
| 2020 | $2.0600 | $2.2500 | +9.2% |
| 2019 | $1.7800 | $2.0600 | +15.7% |
| 2018 | $1.5200 | $1.7800 | +17.1% |
| 2017 | $1.2600 | $1.5200 | +20.6% |
| 2016 | $1.0200 | $1.2600 | +23.5% |
| 2015 | $0.8200 | $1.0200 | +24.4% |
| 2014 | $0.6800 | $0.8200 | +20.6% |
| 2013 | $0.6000 | $0.6800 | +13.3% |
| 2012 | $0.5000 | $0.6000 | +20.0% |
| 2011 | $0.4000 | $0.5000 | +25.0% |
| 2010 | $0.3500 | $0.4000 | +14.3% |
| 2009 | $0.3300 | $0.3500 | +6.1% |
| 2008 | $0.2600 | $0.3300 | +26.9% |
| 2007 | $0.1600 | $0.2600 | +62.5% |
| 2006 | $0.1000 | $0.1600 | +60.0% |
| 2005 | $0.0703 | $0.1000 | +42.3% |
| 2004 | $0.0525 | $0.0703 | +33.8% |
| 2003 | $0.0400 | $0.0525 | +31.3% |
| 2002 | $0.0375 | $0.0400 | +6.7% |
| 2001 | $0.0350 | $0.0375 | +7.1% |
| 2000 | $0.0300 | $0.0350 | +16.7% |
| 1999 | $0.0837 | $0.0300 | -64.2% |
| 1998 | $0.0275 | $0.0837 | +204.5% |
| 1997 | $0.0250 | $0.0275 | +10.0% |
| 1996 | $0.0183 | $0.0250 | +37.0% |
| 1995 | $0.0212 | $0.0183 | -14.1% |
| 1994 | $0.0200 | $0.0212 | +6.2% |
| 1993 | $0.0175 | $0.0200 | +14.3% |
| 1992 | $0.0169 | $0.0175 | +3.7% |
| 1991 | $0.0163 | $0.0169 | +3.8% |
| 1990 | $0.0150 | $0.0163 | +8.3% |
| 1989 | $0.0141 | $0.0150 | +6.7% |
| 1988 | $0.0131 | $0.0141 | +7.1% |
| 1987 | $0.0338 | $0.0131 | -61.1% |
| 1986 | — | $0.0338 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Lowe's Companies (LOW) from the consolidated cash flow statement, in USD as filed.
Latest period
$2.67B
YoY change
+2.7%
5Y CAGR
+9.1%
Peak year (2025)
$2.64B
Latest annual
$2.64B
Cash dividends paid over time for Lowe's Companies (LOW)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Lowe's Companies (LOW)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $2.64B | +2.7% | +$70.00M | ||
| 2024 | $2.57B | +1.4% | +$35.00M | ||
| 2023 | $2.53B | +6.8% | +$161.00M | ||
| 2022 | $2.37B | +19.5% | +$386.00M | ||
| 2021 | $1.98B | +16.4% | +$280.00M | ||
| 2020 | $1.70B | +5.3% | +$86.00M | ||
| 2019 | $1.62B | +11.2% | +$163.00M | ||
| 2018 | $1.46B | +13.0% | +$167.00M | ||
| 2017 | $1.29B | +14.9% | +$167.00M | ||
| 2016 | $1.12B | +17.1% | +$164.00M | ||
| 2015 | $957.00M | +16.4% | +$135.00M | ||
| 2014 | $822.00M | +12.1% | +$89.00M | ||
| 2013 | $733.00M | +4.1% | +$29.00M | ||
| 2012 | $704.00M | +8.8% | +$57.00M | ||
| 2011 | $647.00M | +13.3% | +$76.00M | ||
| 2010 | $571.00M | +46.0% | +$180.00M | ||
| 2009 | $391.00M | -20.4% | -$100.00M | ||
| 2008 | $491.00M | +14.7% | +$63.00M | ||
| 2007 | $428.00M | +55.1% | +$152.00M | ||
| 2006 | $276.00M | +61.4% | +$105.00M | ||
| 2005 | $171.00M | +47.4% | +$55.00M | ||
| 2004 | $116.00M | +34.9% | +$30.00M | ||
| 2003 | $86.00M | +30.3% | +$20.00M | ||
| 2002 | $66.00M | +10.0% | +$6.00M | ||
| 2001 | $60.00M | +12.2% | +$6.52M | ||
| 2000 | $53.48M | +12.5% | +$5.92M | ||
| 1999 | $47.56M | -6.3% | -$3.20M | ||
| 1998 | $50.76M | +77.1% | +$22.10M | ||
| 1997 | $28.65M | -17.4% | -$6.05M | ||
| 1996 | $34.70M | +13.8% | +$4.20M | ||
| 1995 | $30.50M | +11.3% | +$3.10M | ||
| 1994 | $27.40M | +16.1% | +$3.80M | ||
| 1993 | $23.60M | +11.3% | +$2.40M | ||
| 1992 | $21.20M | +6.0% | +$1.20M | ||
| 1991 | $20.00M | +3.6% | +$700,000 | ||
| 1990 | $19.30M | +6.0% | +$1.10M | ||
| 1989 | $18.20M | — | — |
In 2025, Lowe's Companies (LOW) dividends paid totalled $2.64B – edged up 2.7% year-over-year.
Lowe's Companies dividends paid compound annual growth for the 2020–2025 (5 years) window is +9.1%, sustaining 16 straight years of year-over-year growth.
2025 marks the peak dividends paid at $2.64B, with the historical low of $18.20M recorded in 1989.
Among 8 Consumer Cyclical peers, Lowe's Companies (LOW) ranks 5th; the peer median for dividends paid is $2.31B.
Lowe's Companies Dividends Paid 2025: $2.64B
Lowe's Companies dividends paid in 2025 was $2.64B, edged up 2.7% from 2024. This figure represents the highest annual value in the available history.
Lowe's Companies Dividends Paid 2024: $2.57B
Lowe's Companies dividends paid in 2024 was $2.57B, edged up 1.4% from 2023.
Lowe's Companies Dividends Paid 2023: $2.53B
Lowe's Companies dividends paid in 2023 was $2.53B, grew 6.8% from 2022.
Lowe's Companies Dividends Paid 2022: $2.37B
Lowe's Companies dividends paid in 2022 was $2.37B, grew 19.5% from 2021.
Lowe's Companies Dividends Paid 2021: $1.98B
Lowe's Companies dividends paid in 2021 was $1.98B.
See more financial history for Lowe's Companies (LOW).
Sector peers by dividends paid
Companies in the same sector as Lowe's Companies, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Alibaba (BABA) | $29.31B | Consumer Cyclical |
| Home Depot (HD) | $9.15B | Consumer Cyclical |
| McDonald's (MCD) | $5.12B | Consumer Cyclical |
| Starbucks (SBUX) | $2.77B | Consumer Cyclical |
| TJX Companies (TJX) | $1.84B | Consumer Cyclical |
| Amazon (AMZN) | $0 | Consumer Cyclical |
| Tesla (TSLA) | $0 | Consumer Cyclical |
| PDD Holdings (PDD) | $0 | Consumer Cyclical |
Frequently asked questions
Does Lowe's Companies pay dividends?
Yes, Lowe's Companies (LOW) pays quarterly dividends of approximately $4.80 per share annually, yielding 2.17%.
What is Lowe's Companies's dividend yield?
Lowe's Companies (LOW) has a current dividend yield of 2.17%.
Is Lowe's Companies's dividend safe?
Lowe's Companies (LOW) passes 7 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Lowe's Companies increased its dividend?
Lowe's Companies (LOW) has 27 consecutive years of dividend increases.
What is Lowe's Companies's dividend payout ratio?
Lowe's Companies (LOW) has a dividend payout ratio of 40.6%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Lowe's Companies's dividends paid?
Latest reported dividends paid for Lowe's Companies (LOW) is $2.67B (period ending May 1, 2026).
How has Lowe's Companies dividends paid changed year-over-year?
Lowe's Companies (LOW) dividends paid changed +2.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Lowe's Companies dividends paid?
Lowe's Companies (LOW) dividends paid compound annual growth rate is +9.1% over the most recent 5 years available.
When did Lowe's Companies dividends paid hit its highest annual value?
Lowe's Companies dividends paid reached its highest annual value of $2.64B in 2025.
What was Lowe's Companies dividends paid in 2024?
Lowe's Companies (LOW) dividends paid in 2024 was $2.57B.
What was Lowe's Companies dividends paid in 2025?
Lowe's Companies (LOW) dividends paid in 2025 was $2.64B.
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