Lowe's (MIL:1LOW) Dividend Payout Ratio : 0.40 (As of Oct. 2024)

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What is Lowe's Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Lowe's's Dividend Payout Ratio for the months ended in Oct. 2024 was 0.40.

The historical rank and industry rank for Lowe's's Dividend Payout Ratio or its related term are showing as below:

MIL:1LOW' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.33 Max: 0.39
Current: 0.27

During the past 13 years, the highest Dividend Payout Ratio of Lowe's was 0.39. The lowest was 0.25. And the median was 0.33.

MIL:1LOW's Dividend Payout Ratio is ranked better than
56.25% of 512 companies
in the Retail - Cyclical industry
Industry Median: 0.41 vs MIL:1LOW: 0.27

As of today (2024-12-15), the Dividend Yield % of Lowe's is 1.22%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Lowe's was 3.21%. The lowest was 1.07%. And the median was 1.70%.

Lowe's's Dividends per Share for the months ended in Oct. 2024 was €1.06.

During the past 12 months, Lowe's's average Dividends Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 23.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 20.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lowe's was 71.00% per year. The lowest was 4.00% per year. And the median was 16.75% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Lowe's Dividend Payout Ratio Historical Data

The historical data trend for Lowe's's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lowe's Dividend Payout Ratio Chart

Lowe's Annual Data

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Dividend Payout Ratio

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Lowe's Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.30	0.28	0.40

Competitive Comparison of Lowe's's Dividend Payout Ratio

For the Home Improvement Retail subindustry, Lowe's's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lowe's's Dividend Payout Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lowe's's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Lowe's's Dividend Payout Ratio falls into.

Lowe's Dividend Payout Ratio Calculation

Lowe's's Dividend Payout Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jan. 2024 )	/	EPS without NRI (A: Jan. 2024 )
	=	0	/	12.017
	=	0.00

Lowe's's Dividend Payout Ratio for the quarter that ended in Oct. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Oct. 2024 )	/	EPS without NRI (Q: Oct. 2024 )
	=	1.056	/	2.653
	=	0.40

Lowe's (MIL:1LOW) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Lowe's Dividend Payout Ratio Related Terms

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Lowe's Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lowe's Companies Inc (MIL:1LOW) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

LOW:USA LOW:Mexico 0JVQ:UK LWE:Germany LWE:Germany LOWC34:Brazil LOWE:Austria

Address

1000 Lowes Boulevard, Mooresville, NC, USA, 28117

Website

https://www.lowes.com

Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's primarily targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers, but has expanded its commercial and professional business clients to 25% from less than 20% in the past six years. We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on US Census data and management's market size estimates.

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