Lowe's Dividends

Another Outstanding Dividend Increase From Lowe’s Companies

Lowe's announced its 35th year of dividend growth this week.
Photo: Flickr.com/Mike Mozart

In this Memorial Day week, there was only one dividend increase – home retailer Lowe’s Companies announced a 17% increase for its 35th year of dividend growth.  Next week will also be slow; once again, only one company – retailer Casey’s General Stores – is scheduled to announce a dividend increase.

Dividend Increases Announced This Week

Lowe’s Companies (LOW)

Industry: Specialty Retail

Dividend Payment: 48 cents per share – up 17.1% from prior level of 41 cents

Dividend Paid On: 8/8

Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 7/24

Number of Years of Dividend Increases: 35

Current Forward Yield: 2.00%

 

Dividend Increase Announcements Expected Next Week

Casey’s General Stores (CASY)

 

2 thoughts on “Another Outstanding Dividend Increase From Lowe’s Companies”

    1. Jason Post author

      Lanny:
      Thanks for the comment. I don’t own them either – it’s hard to find companies with 9 years of 10%+ dividend increases at good prices!

      Cheers,
      Jason

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