Lowe's raises its dividend 4.2% to $1.25, yielding 3.1%
As seen on the 24/7 Wall St. homepage on October 21, 2026.
Lowe's lifted its quarterly payout 4.2% to $1.25 a share, pushing the annual rate to $6.10 and the yield to 3.1% even with a soft home improvement backdrop. Shares must be held through today's ex-date to collect.
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Lowe's has raised its quarterly dividend to $1.25 a share, a yield that stands out for a large-cap home improvement retailer navigating a sluggish demand environment.
The ex-dividend date is October 21, 2026, meaning investors who are not already holding shares have missed the window to qualify for this particular payment. That hard cutoff is what gives the announcement its immediate weight for anyone watching from the sidelines.
Ten consecutive years of paying dividends puts Lowe's in a category that income-focused investors tend to screen for specifically. A decade-long track record does not guarantee future increases, but it does reflect a sustained commitment to returning cash to shareholders across multiple market cycles, including difficult ones for housing.
The home improvement backdrop, by the company's own characterization, remains soft. Raising the payout by more than 4% in that environment signals that management sees the cash flow position as durable enough to keep rewarding shareholders even without a strong tailwind from the housing market.
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Mentioned: LOW