Lowe's Companies Increases Quarterly Dividend From $1.10 To $1.15
Portfolio Pulse from Benzinga Newsdesk
Lowe's Companies has announced an increase in its quarterly dividend from $1.10 to $1.15.
May 31, 2024 | 1:03 pm
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Lowe's Companies has increased its quarterly dividend from $1.10 to $1.15, signaling confidence in its financial health and commitment to returning value to shareholders.
The increase in the quarterly dividend suggests that Lowe's is performing well financially and is confident in its future earnings. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
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