Home retailer Lowe's has grown its dividend for 34 years.
Photo: Flickr.com/Mike Mozart

June started off very quietly, with only home improvement retailer Lowe’s Companies announcing an annual dividend increase.  The bulk of June’s dividend increases come next week.  In the meantime, congratulations to all the Lowe’s investors out there!

Dividend Increases Announced This Week

Lowe’s Companies (LOW)

Industry: Retail

Dividend Payment: 41 cents per share – up 17.1% from prior level of 35 cents

Dividend Paid On: 8/9

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

Number of Years of Dividend Increases: 34

Current Forward Yield: 2.04%