05-28-2022, 03:37 AM
(05-27-2022, 08:24 AM)EricL Wrote: Woo!
Lowe's (NYSE:LOW) declares $1.05/share quarterly dividend, 31.3% increase from prior dividend of $0.80.
Forward yield 2.15%
Payable Aug. 3; for shareholders of record July 20; ex-div July 19.
CEO comment: "Today's dividend increase reflects the strength and consistency of our cash flow and our continued commitment to returning capital to our shareholders."
This was an absolute monster of a raise.
I just got the email and I'm still in awe. LOW is one of my largest positions and this raise singlehandedly has a pretty meaningful effect on my finances. It's fantastic.
