|Day's range||38.53 - 38.53|
Dividend stocks can make for great investments as they can be excellent sources of recurring income for your portfolio. Two companies that have been increasing their payouts for decades and recently announced dividend rate hikes are Medtronic (NYSE: MDT) and Lowe's Companies (NYSE: LOW). Medical device maker Medtronic operates in over 150 countries, and patients rely on its products to help with over 70 different conditions.
Habitat for Humanity International announced that Lowe's has committed $6 million to support home repair and rehab projects undertaken by local Habitat affiliates over the next two years.
Fool.com contributor and finance professor Parkev Tatevosian reviews Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) prospects to determine which dividend stock is the best one to buy right now. *Stock prices used were the afternoon prices of June 3, 2023.
The home improvement retailer has boosted its dividend for over a half-century -- even in the toughest of environments.
While the top- and bottom-line numbers for Lowe's (LOW) give a sense of how the business performed in the quarter ended April 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Key Insights Lowe's Companies' estimated fair value is US$247 based on 2 Stage Free Cash Flow to Equity Current share...
Lowe's Companies (NYSE: LOW) and Tractor Supply (NASDAQ: TSCO) don't compete directly, but they share many similarities as investments. Fans of growth stocks will find more to like about Tractor Supply today. Sure, the rural lifestyle retailer missed sales expectations in the most recent quarter.
Here's a look into the top two home improvement retailers and which stock is a better buy right now.
Investors may keep a tab on stocks like LOW, NTES, CM, HLNE and IEX, which have lately hiked their dividend payments.
Lowe's (LOW) board has raised the quarterly dividend by 5% to $1.10 per share. The company's Total Home strategy also bodes well.
Investors were worried heading into the Q1 earnings update from Lowe's (NYSE: LOW). Lowe's followed its larger peer in reducing its fiscal-year outlook on both the top and bottom lines. Lowe's said its business was hit by the same three challenges that featured prominently in Home Depot's mid-May announcement.
When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can...
During its fiscal 2023 first quarter (ended May 5), Lowe's (NYSE: LOW) generated revenue of $22.3 billion (down 6% year over year) and adjusted diluted earnings per share of $3.67 (up 5%). While these results were a bit of a mixed bag, they exceeded Wall Street estimates. Many retailers, including Lowe's, are faced with an uncertain economic backdrop.
Taco Bell fighting to free the phrase "Taco Tuesday" from its current trademark holder. Plus, Scott Phillips, chief investment officer at Motley Fool Australia, shares the current state of play for investors Down Under, Australian stocks to watch, and predictions for this year's Rugby World Cup. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
The board of directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 10 cents ($1.10) per share, payable Aug. 9, 2023, to shareholders of record as of July 26, 2023. This represents a 5% increase over the company's previous dividend of one dollar and five cents ($1.05) per share.
RH continues its stretch of poor results, in part because of poor execution.
Lowe's reported quarterly financial results that could have major implications for dividend stock investors.
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Lowe's announced a new one-stop shop concept designed to bring those customers located in rural areas across the country everything needed for farm and home with a wider offering of farm, ranch and outdoor products in up to 300 additional Lowe's stores by year end. The convenient one-shop concept is rolling out among selected stores, primarily in the South, Midwest and Northeast, throughout the summer.
The stock market lost its upward momentum on Tuesday as the lack of progress toward a resolution of the debt ceiling debate in Washington seemed to overwhelm investors. Investors still seem largely confident that lawmakers will resolve the debt ceiling problem without a cataclysmic default, but the lack of a clear solution as the days tick down still weighed a bit on sentiment. Lowe's (NYSE: LOW) managed to post a modest gain for the day after releasing its quarterly figures, but shareholders in auto parts retailer AutoZone (NYSE: AZO) weren't as fortunate.
Customers spent less per ticket, down 0.3% for the first quarter.
Yahoo Finance Live's Akiko Fujita and Seana Smith discuss the latest from the retail sector, including Lowe's stock rising on an earnings beat, the decline in BJ's Wholesale shares, and the state of the consumer amidst the current economic slowdown.
Here with me today are Marvin Ellison, chairman and chief executive officer; Bill Boltz, our executive vice president, merchandising; Joe McFarland, our executive vice president, stores; and Brandon Sink, our executive vice president and chief financial officer. During this call, we'll be making comments that are forward-looking, including our expectations for fiscal 2023.
Lowe's (LOW) reports lower sales year over year for first-quarter fiscal 2023 due to weak comps.
Yahoo Finance reporter Dani Romero discusses Lowe's Q1 earnings which indicate that home owners are remodeling their homes less and breaks down which areas consumers are downsizing in.