Lowe’s Companies, Inc. (NYSE:LOW) is one of the Best Stocks to Buy for Dividends.
A family excitedly browsing through the aisles of a home improvement retail store.
The company stands out as a strong dividend stock, offering both steady growth and long-term reliability. Its current yield of 2.17% is backed by a solid track record, with dividends growing at an average annual rate of 15.9% over the past five years. A relatively low payout ratio of 36.7% gives the company room to raise dividends further without straining its finances.
Lowe’s Companies, Inc. (NYSE:LOW) has been rewarding shareholders with growing dividends for the past 60 years and has paid regular dividends since 1961. The company currently offers a quarterly dividend of $1.20 per share.
Lowe’s Companies, Inc. (NYSE:LOW)’s competitive edge comes from its well-established brand, strong logistics network, and effective omnichannel strategy, all of which help reinforce its position as a market leader. With sound operations and a disciplined financial approach, Lowe’s appears well-positioned to continue delivering dividend growth in the years ahead.
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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