Lowe's Companies, Inc. (LOW),
together with its subsidiaries, operates as a home improvement retailer in the
United States, Canada, and Mexico. The company offers a line of products for
construction, maintenance, repair, remodeling, and decorating. Lowe's is one of
the Original Dividend Aristocrats from 1989.
Lowe’s is one of 26 dividend kings
in the US. The company hiked its quarterly dividend by 15% to 55 cents/share
just last week. This marked the 57th consecutive annual dividend increase for
the dividend king. Over the past decade, the company has managed to increase
distributions at an annualized rate of 18.40%.
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