Lowe's Companies, Inc. (NYSE:LOW) will begin trading ex-dividend on July 21, 2020. The quarterly dividend payment of $ 0.55 per share is scheduled to be paid on August 5, 2020. Shareholders who purchased LOW prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Recent Earnings Announcement
Lowe's Companies, Inc. communicated income for the first quarter of $ 1.77 per share, from the revenue of $ 19,675.00 million. The quarterly earnings extended 45.08 percent while revenues enlarged 10.90 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.31 per share from $ 18076.40 million in revenue. The bottom line results beat street analysts by $ 0.46 or 35.11 percent, at the same time, top line results outshined analysts by $ 1,598.60 million or 8.84 percent.
Stock Performance
According to the previous trading day, closing price of LOW was $ 144.10, representing a 140.17 % increase from the 52 week low of $ 60.00 and a 0.58 % decrease over the 52 week high of $ 144.94.
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The company has a market capital of $ 108.80 billion and is part of the Consumer Cyclical sector and Home Improvement Stores industry.
Lowes Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States, Canada, and Mexico. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It provides home improvement products in various categories, such as lumber and building materials, appliances, seasonal and outdoor living, tools and hardware, fashion fixtures, rough plumbing and electrical, paint, millwork, lawn and garden, flooring, and kitchens.
