Lowe's increases dividend for 53rd consecutive year

Dividend Aristocrat Lowe's Companies will increase its quarterly dividend by 27,8% from $0,18 to $0,23 per share.

The annual dividend of $0,92 translates into a dividend yield of 1,9% at the current stock price of $47,60.

Lowe's now has increased the dividend for 53 consecutive years.

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