Is Lowe’s Dividend Growth Sustainable?

Lowe’s Companies, Inc. (NYSE:LOW) is one of Best Dividend Stocks to Buy for Dependable Dividend Growth.

Since going public in 1961, the company has paid regular dividends to shareholders and has raised its dividend for 60 consecutive years. In addition, it has boosted the payout by an average of over 16% over the past five years.

A family excitedly browsing through the aisles of a home improvement retail store.

Investors worried about a housing slowdown may find reassurance in tight inventory, which often leads homeowners to invest in upgrades. While short-term renovation spending may fluctuate, demand tends to recover over time.

Despite economic concerns, long-term trends in home improvement remain strong. As confidence returns, Lowe’s Companies, Inc. (NYSE:LOW) is well-positioned to benefit, given its history of growth in this space.

Lowe’s Companies, Inc. (NYSE:LOW) currently offers a quarterly dividend of $1.20 per share and has a dividend yield of 2.27%, as of June 17.

While we acknowledge the potential of LOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure. None.