MOORESVILLE, N.C., May 28, 2010 (BUSINESS WIRE) --The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has
declared a 22% increase in its quarterly cash dividend to eleven cents
($0.11) per share, payable August 4, 2010, to shareholders of record as
of July 21, 2010. Lowe's has declared a cash dividend each quarter since
going public in 1961.
With fiscal year 2009 sales of $47.2 billion, Lowe's Companies, Inc. is
a FORTUNE(R) 50 company that serves approximately 15 million customers a
week at more than 1,700 home improvement stores in the United States,
Canada and Mexico. Founded in 1946 and based in Mooresville, N.C.,
Lowe's is the second-largest home improvement retailer in the world. For
more information, visit Lowes.com.
SOURCE: Lowe's Companies, Inc.
Lowe's Companies, Inc.
Robbin Moore-Randolph, 704-758-3579
Chris Ahearn, 704-758-2304