Lowe’s (LOW): 50+ Consecutive Years of Dividend Growth

Lowe’s (LOW) has paid a dividend each quarter since going public in 1961. Even more impressive, the company has raised its dividend for 53 consecutive years – a feat achieved by fewer than 15 companies. Not surprisingly, LOW has a handful of competitive advantages that have enabled it to enjoy meaningful growth. While the stock is not currently in our Top 20 Dividend Stocks portfolio, it’s one that long-term dividend growth investors should keep on their radar. Let’s take a closer look at the business. Business Overview LOW was founded in 1946 and is the world’s second largest home improvement…