Lowe's Companies, Inc. (NYSE:LOW) Updates On Dividend Release Date


On 2016-05-27, Lowe's Companies, Inc. (NYSE:LOW) confirmed the dividend disbursement of $0.35 a share to shareholders as on record 2016-07-20. The firm will release dividend on 2016-08-03 while ex-dividend date is reported to be 2016-07-18.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Lowe's Companies, Inc. (NYSE:LOW) paid a total of $0.35 per share in dividends. This figure stood at $0.35 a share in the same period a year ago indicating a deviation of 22.9885%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $87.428 on the stock. This figure is the average of recommendations offered by 14 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $100 and $75, respectively.

Taking the mathematical rating formula, the price for Lowe's Companies, Inc. (NYSE:LOW) stands at 1.72. Earnings Review Lowe's Companies, Inc. (NYSE:LOW) will report its quarterly earnings for the period ending on 2016-07-31 by 2016-08-17. For the period ending on 2016-07-31, experts are expecting EPS of $1.42.

Coming to the quarter ending on 2016-01-31, Lowe's Companies, Inc. (NYSE:LOW) recorded EPS of $0.87. The reported numbers came lower than the analysts’ estimates of $0.85, demonstrating a miss of $0.02 as against reported figures.

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