Dividend Overview
Dividend Yield
2.03%
Dividend / Share
$4.70
Lowe`s Cos. Inc
Exchange: NYSESector: Consumer CyclicalIndustry: Home Improvement Retail
Lowe's Companies, Inc. (Lowe's) is a home improvement retailer. As of February 3, 2012, Lowe's operated 1,745 stores, consisted of 1,712 stores across 50 United States, 31 stores in Canada and two stores in Mexico. Its 1,745 stores represent approximately 197 million square feet of retail selling space. The Company serves homeowners, renters and commercial business customers. Individual homeowners and renters complete an array of projects and vary along the spectrum of do-it-yourself (DIY) and do-it-for-me (DIFM). Commercial business customers include those who work in construction, repair/remodel, commercial and residential property management, or business maintenance professions. During the fiscal year ended February 3, 2012 (fiscal 2011), it opened 25 stores, which included the relocation of two existing stores. Seven of the stores were opened in Canada. In August 2013, the Company acquired the majority of assets of Orchard Supply Hardware, including 72 Orchard stores.
Did you know?
Net income compounded at 7.6% annually over 6 years.
Current Price
$231.03
-2.10%GoodMoat Value
$496.25
114.8% undervaluedProfile
Valuation (TTM)
Market Cap$129.60B
P/E19.47
EV$174.73B
P/B—
Shares Out560.95M
P/Sales1.50
Revenue$86.29B
EV/EBITDA13.39
Lowe`s Cos. Inc (LOW) Dividends
GoodMoat Analysis
Lowe's dividend profile is favourable for an income-focused value investor, characterized by a sustainable payout ratio, a yield competitive with its sector, and a history of growth. The company's strong free cash flow generation and solid balance sheet provide a robust foundation for the dividend.
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Lowe's dividend appears sustainable based on its payout ratio and free cash flow. The company's current dividend yield of 1.99% is in line with the broader consumer cyclical sector, offering a reasonable income stream without suggesting distress. More importantly, Lowe's has a strong track record of growing its dividend, which is a key quality indicator for income investors. The sustainability is underpinned by robust free cash flow generation, with a reported FCF yield of 5.8%. This indicates the company generates significantly more cash than is required for the dividend, providing a healthy margin of safety. Referencing the GoodMoat Investment Framework's Quality Indicators, a strong FCF profile is a positive sign. The framework highlights a favourable FCF margin as >10-15%, and Lowe's FCF yield suggests it comfortably converts profits to cash. While the provided data lacks specific debt metrics, the company's operating margin of 11.8% and consistent revenue growth of 10.9% YoY support overall financial health. For an investor, the combination of a covered, growing payout and a business demonstrating quality financial characteristics makes the dividend profile attractive. Analysis based on data as of 2024-05-15.
Key Metrics
Market Cap
$129.60B
P/E Ratio
19.47
Forward P/E
—
EPS
$11.85
PEG Ratio
-1.70
Book Value
$-17.68
Dividend Yield
2.03%
Profit Margin
7.71%
ROE
—
Dividend History
Dividend Safety
LOW Dividend Analysis
Lowe`s Cos. Inc (LOW) dividend analysis including yield, payout history, and sustainability metrics. The current dividend yield is 2.03%. The annual dividend per share is $4.70.
P/E ratio: 19.47. Profit margin: 7.71%. Free cash flow: $7.73B. This page shows Lowe`s Cos. Inc's dividend overview, key metrics, historical payout data, and dividend safety assessment to help income-focused investors evaluate the sustainability of dividend payments.
GoodMoat's dividend analyzer evaluates payout ratios, earnings coverage, and free cash flow coverage to determine how well supported Lowe`s Cos. Inc's dividend payments are. Use this analysis alongside the company's financial statements and quality score to make informed income-investing decisions.