Lowe’s Dividend Increase
On 30 May, Lowe’s (LOW) increased its dividend by 4.35%, from $1.15 to $1.20¢ per share.
The dividend is payable on 6 August to shareholders of record on 23
July.
LOW’s forward yield is 2.13% at $225.73 per share.
I own 100 LOW shares at an average cost of $92.50 per share. LOW’s contribution
to DivGro’s projected annual dividend income will increase by $20 to
$480.
My yield on cost is now 5.19%.
Since I opened my position in April 2018, the stock has generated a total return of 169%, including $2,328 in
dividend income. That’s a splendid annualized rate of return of
14.9%!
outlay.
5-Year History of Dividend Payouts by Ex-Date
| 2020 | 2021 | 2022 | 2023 | 2024 | • | 2025 |
| $2.25 | $2.80 | $3.70 | $4.30 | $4.50 | ⬆ | $4.70✝ |
| 9.22% | 24.44% | 32.14% | 16.22% | 4.65% | ⬇ | 4.44% |
| 5-year DGR: | 16.91% | ⬇ | 15.87% | |||
✝projected, assuming no further changes
Thanks for Reading!
