Lowe's Companies, Inc. Declares Cash Dividend

MOORESVILLE, N.C., March 18, 2016 /PRNewswire/ -- The Board of Directors for Lowe's Companies, Inc. LOW has declared a quarterly cash dividend of twenty eight cents ($0.28) per share, payable May 4, 2016, to shareholders of record as of April 20, 2016.

Lowe's Companies, Inc. LOW is a FORTUNE® 50 home improvement company serving more than 16 million customers a week in the United States, Canada and Mexico through its stores and online at Lowes.com, Lowes.ca and Lowes.com.mx. With fiscal year 2015 sales of $59.1 billion, Lowe's has more than 1,855 home improvement and hardware stores and 270,000 employees. Founded in 1946 and based in Mooresville, N.C., Lowe's supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com.

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SOURCE Lowe's Companies, Inc.