Lowe's dividend growth touches new LOW

Home improvement co announces 4.5% hike for 2024

Lowe's Companies, Inc. (NYSE: LOW), a renowned Dividend Aristocrat, has declared a quarterly cash dividend increase of 4.5%, raising the dividend from $1.10 to $1.15 per share. In our previous substack post we already mentioned the upcoming dividend hike by Lowe’s.

The new dividend will be payable on August 7, 2024, to shareholders of record as of July 2…