Lowe's Companies Stock To Go Ex-dividend Monday (LOW)
The ex-dividend date for Lowe's Companies (NYSE:LOW) is Monday, April 23, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $32.12 as of 9:30 a.m., the dividend yield is 1.8%.
NEW YORK ( TheStreet) -- The ex-dividend date for Lowe's Companies (NYSE: LOW) is Monday, April 23, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $32.12 as of 9:30 a.m. ET, the dividend yield is 1.8%. The average volume for Lowe's Companies has been 15.3 million shares per day over the past 30 days. Lowe's Companies has a market cap of $37.27 billion and is part of the services sector and retail industry. Shares are up 26.1% year to date as of the close of trading on Thursday. Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer. It offers a range of products for maintenance, repair, remodeling, and home decorating. The company has a P/E ratio of 22.3, above the average retail industry P/E ratio of 21.7 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Lowe's Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, growth in earnings per share and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Lowe's Companies Ratings Report. See our dividend calendar or top-yielding stocks list.