As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Lowe's Companies Inc is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Reno-Depot, and Dick's Lumber). Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales).