Lowe's Companies Increases Quarterly Dividend From $1.05 To $1.10/Share
Portfolio Pulse from Benzinga Newsdesk
Lowe's Companies has announced an increase in its quarterly dividend from $1.05 to $1.10 per share.
May 26, 2023 | 1:21 pm
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POSITIVE IMPACT
Lowe's Companies (LOW) has increased its quarterly dividend from $1.05 to $1.10 per share.
The increase in Lowe's Companies' dividend is a positive signal for investors, as it indicates the company's confidence in its financial performance and commitment to returning value to shareholders. This news is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 100