Lowe's raises dividend for 64th year despite housing market challenges, signaling strong cash flow confidence.

Lowe's increased its quarterly dividend to $1.25 per share, marking the 64th consecutive year of dividend raises. This 4.2% raise comes amid a soft housing market and shrinking guidance, highlighting management's confidence in steady cash generation. Buybacks have nearly stopped, making dividends the primary way to return cash to shareholders. Investors will watch next spring's dividend raise and buyback activity for signs of management's outlook on housing and cash flow.

Lowe's shares trade at USD 222.98 on Pluang as of Nov 06, 2026 18:51 WIB, down 1.87% for the day. The stock's dividend yield stands at 2.2%, reflecting steady income for investors despite recent price pressure. Pluang data shows a strong sell sentiment with 99% of orders to sell Lowe's shares currently.