Dividend Aristocrats Week in Review for March 22, 2014: Lowe’s Announces Regular Dividend, Air Products and Chemicals Increases Dividend for 32nd Year
This week, home improvement retailer Lowe's (LOW) announced their latest regular quarterly dividend of 18 cents per share. The dividend is payable on May 7th to shareholders of record on April 23rd. Lowe's stock currently yields 1.46%. The company has paid a cash dividend each quarter since going public in 1961. Lowe's next dividend increase is expected to be announced at the company's shareholder meeting at the end of May to be paid in August.
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