Trailing Dividend / Share
$4.71
Lowe's Companies, Inc. (LOW) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
1.8%
Payout Ratio
39.6%
Sustainable
Dividend Streak
26 years
3-Second Income Check
Safety
39.6% payout ratio with sustainable safety profile.
Consistency
26 straight years of dividend increases.
Income Trend
Yield on cost is 2.9% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield1.8%
Trailing DPS$4.71
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout39.6%
Earnings SafetySustainable
FCF Payout34.5%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak26 years
3Y CAGR8.3%
5Y CAGR15.9%
Yield on Cost (5Y)2.9%
YOC Trendrising
Total Returns
Buyback Yield0.1%
Total Shareholder Yield1.9%
1Y Total Return8.3%
5Y Total Return76.1%
Div Contribution (5Y)12.7%
Estimated $10K growth (return + dividends):
5Y ago$17,61010Y ago$43,58920Y ago$87,923
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Lowe's Companies, Inc. distributes 39.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 34.5%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
LOW has raised its dividend for 26 consecutive years, with a 3-year CAGR of 8.3% and 5-year CAGR of 15.9%.
Total Shareholder Returns
Beyond cash dividends, LOW returns capital through share repurchases. The combined picture: 1.8% dividend yield, 0.1% buyback yield, 1.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.9% and is currently rising. The 5-year total return is 76.1%, with dividends contributing 12.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $43,589 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$20.60
Avg/Payment$1.0300
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jan 21, 2026Latest | $1.2000 | — | 1.71% | Feb 4, 2026 |
| Oct 22, 2025 | $1.2000 | — | 1.93% | Nov 5, 2025 |
| Jul 23, 2025 | $1.2000 | ↑ +4.3% | 2.03% | Aug 6, 2025 |
| Apr 23, 2025 | $1.1500 | — | 2.11% | May 7, 2025 |
| Jan 22, 2025 | $1.1500 | — | 1.76% | Feb 5, 2025 |
| Oct 23, 2024 | $1.1500 | — | 1.67% | Nov 6, 2024 |
| Jul 24, 2024 | $1.1500 | ↑ +4.5% | 1.92% | Aug 7, 2024 |
| Apr 23, 2024 | $1.1000 | — | 1.88% | May 8, 2024 |
Dividend Peer Comparison
Peer group: Home improvement and flooring retailers
#2 yield in peer group
Div Yield
1.8%
#2 of 2
Safety
Sustainable
39.6% payout
Streak
26Y
15.9% 5Y CAGR
Total Shareholder
1.9%
#2 of 2
Annual Dividend History
42 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.20 | — | 1 | — | — | — | 0.7% |
| 2025 | $4.70 | 4.4% | 4 | $11.85 | 39.7% | 2.52x | 2.9% |
| 2024 | $4.50 | 4.7% | 4 | $12.23 | 36.8% | 2.72x | 2.8% |
| 2023 | $4.30 | 16.2% | 4 | $13.20 | 32.6% | 3.07x | 2.7% |
| 2022 | $3.70 | 32.1% | 4 | $10.17 | 36.4% | 2.75x | 2.3% |
| 2021 | $2.80 | 24.4% | 4 | $12.03 | 23.3% | 4.30x | 1.7% |
| 2020 | $2.25 | 9.2% | 4 | $7.75 | 29.0% | 3.44x | 1.4% |
| 2019 | $2.06 | 15.7% | 4 | $5.49 | 37.5% | 2.67x | 1.3% |
| 2018 | $1.78 | 17.1% | 4 | $2.85 | 62.5% | 1.60x | 1.1% |
| 2017 | $1.52 | 20.6% | 4 | $4.09 | 37.2% | 2.69x | 0.9% |
See LOW's True Return
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Start ComparisonFrequently Asked Questions
How much dividend does LOW pay per share?
Lowe's Companies, Inc. (LOW) pays a trailing 12-month dividend of $4.71 per share, with a current dividend yield of +1.8%. Payments are made Annual.
When is LOW's next ex-dividend date?
LOW's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. LOW typically pays dividends Annual.
Is LOW's dividend safe?
LOW's dividend safety is rated "Sustainable" based on an earnings payout ratio of +39.6% and FCF payout ratio of +34.5%. With 26 consecutive years of dividend growth, the track record supports sustainability.
Is LOW a Dividend Aristocrat?
Yes, Lowe's Companies, Inc. is classified as a Dividend Aristocrat with 26 consecutive years of dividend increases. The 5-year dividend CAGR is +15.9%, demonstrating above-inflation dividend growth.
How often does LOW pay dividends?
Lowe's Companies, Inc. pays dividends Annual. The trailing 12-month total is $4.71 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in LOW grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in LOW five years ago would be worth approximately $17,610 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is LOW's yield on cost for long-term holders?
LOW's yield on cost — the current dividend divided by the original purchase price — is +2.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.8% market yield, thanks to consistent dividend growth.