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MOORESVILLE, N.C., March 22, 2019 /PRNewswire/ -- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of forty-eight cents ($0.48) per share, payable May 8, 2019, to shareholders of record as of April 24, 2019. Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 18 million customers a week in the United States, Canada and Mexico. With fiscal year 2018 sales of $71.3 bil
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02/20/19 - Lowe's Companies, Inc. Invites You to Join Its Fourth Quarter 2018 Earnings Conference Call Webcast
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Lowe's Companies, Inc. Increases Cash Dividend 20 Percent

WILKESBORO, N.C., Sept. 16 /PRNewswire-FirstCall/ -- The Board of Directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of three cents (3 cents) per share, payable October 31, 2003, to shareholders of record as of October 17, 2003.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES )

"With the continued growth in Lowe's earnings and the recent changes in the tax law, we believe it's the right time to increase our dividend," commented Robert L. Tillman, Lowe's chairman and CEO. "This increase continues Lowe's 42 year history of paying a quarterly dividend."

Lowe's has paid a cash dividend each quarter since going public in 1961.

Recently, Lowe's reported net earnings of $597 million for the quarter ended August 1, 2003, a 27.8 percent increase over the same period a year ago. Diluted earnings per share increased 27.1 percent to $0.75 from $0.59 in the second quarter of 2002. For the six months ended August 1, 2003, net earnings grew 25.1 percent to $1.02 billion while diluted earnings per share increased 24.5 percent to $1.27.

This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Although the company believes that comments reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Possible risks and uncertainties regarding these statements include, but are not limited to, the direction of general economic conditions, the availability of real estate for expansion and its successful development, particularly in major metropolitan markets, the availability of sufficient labor to facilitate growth, fluctuations in prices and availability of product, unanticipated impact of competition, legal or regulatory developments, and weather conditions that affect sales.

With fiscal year 2002 sales of $26.5 billion, Lowe's Companies, Inc. is a FORTUNE 100 company that serves approximately nine million customers a week at more than 900 home improvement stores in 45 states. In 2003, FORTUNE named Lowe's America's Most Admired Specialty Retailer. Based in Wilkesboro, N.C., the 57-year old company is the second-largest home improvement retailer in the world. For more information, visit Lowes.com.

SOURCE  Lowe's Companies, Inc.
    -0-                             09/16/2003
    /CONTACT:  shareholders-analysts, Paul Taaffe, +1-336-658-5239, or media,
Chris Ahearn, +1-336-658-7387, both of Lowe's Companies, Inc./
    /Photo:  NewsCom:  http://www.newscom.com/cgi-bin/prnh/20000720/LOWES
              AP Archive:  http://photoarchive.ap.org
              PRN Photo Desk, photodesk@prnewswire.com/
    /Web site:  http://www.lowes.com /
    (LOW)

CO:  Lowe's Companies, Inc.
ST:  North Carolina
IN:  REA
SU:  DIV



MG-JB 
-- CHTU021 --
9102 09/16/2003 17:05 EDT http://www.prnewswire.com