LOWE'S COMPANIES, INC. ANNOUNCES INCREASE IN QUARTERLY CASH DIVIDEND TO $1.25 PER SHARE

About this update from Lowe's Companies, Inc.

MOORESVILLE, N.C., May 29, 2026 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 25 cents ($1.25) per share, payable Aug. 5, 2026, to shareholders of record as of July 22, 2026. This represents a 4% increase over the company's previous dividend of one dollar and 20 cents ($1.20) per share."I am pleased with our company's continued disciplined execution while at the same time investing in our Total Home strategy for the future. The momentum we are building across our strategic initiatives continues to position Lowe's for long-term growth," said Marvin R. Ellison, Lowe's chairman, president and CEO. "Today's dividend increase underscores the board's confidence in the company's trajectory, our disciplined capital allocation strategy and our commitment to delivering sustainable shareholder value."Lowe's has paid a cash dividend every quarter since going public in 1961. It has increased the dividend for more than 25 consecutive years and values its status as a Dividend Aristocrat.About Lowe'sLowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company with total fiscal 2025 sales of more than $86 billion. Lowe's employs approximately 300,000 associates and operates over 1,750 home improvement stores, 540 branches and 120 distribution centers. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com.Disclosure Regarding Forward-Looking StatementsThis press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements including words such as "believe", "expect", "anticipate", "plan", "desire", "project", "estimate", "intend", "will", "should", "could", "would", "may", "strategy", "potential", "opportunity", "outlook", "scenario", "guidance", and similar expressions are forward-looking statements. Forward-looking statements involve, among other things, expectations, projections and assumptions about future financial and operating results, objectives (including objectives related to environmental and social matters), business outlook, prio...

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