Home Markets Dividend Growth of Lowes Companies, Inc.(LOW)

Dividend Growth of Lowes Companies, Inc.(LOW)


Lowes Companies(LOW) is having a Dividend Yield of 1.82% with the Annual cash Dividend per share of $1.33. The last quarter cash dividend per share pay out was $0.35. Lowes Companies has a 5 year average dividend yield of 1.66% and the stock has a Indicated annual dividend of $1.4. Lowes Companies(LOW) formally announced its most recent dividend on November 14, 2016 with a Dividend per share of $0.35. The new indicated annual dividend based on announced dividend per share is $1.4. The dividend yield based on the forward looking indicated annual dividend is 1.82%. Lowes Companies(LOW) has the most recent dividend payout ratio of 0.38 with a 5-year average payout ratio of 0.35. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.02. The 5 year historical dividend growth of Lowes Companies(LOW) is at the rate of 21.14% while the R-Squared dividend growth is 0.95. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Lowes Companies, Inc. (NYSE:LOW) witnessed a decline in the market cap on Thursday as its shares dropped 0.77% or 0.59 points. After the session commenced at $76.91, the stock reached the higher end at $77.4 while it hit a low of $75.66. With the volume soaring to 4,686,165 shares, the last trade was called at $76.32. The company has a 52-week high of $83.65. The company has a market cap of $66,387 million and there are 869,847,150 shares in outstanding. The 52-week low of the share price is $64.85. Shares of Lowes Companies, Inc. rose by 3.79% in the last five trading days and 7.44% for the last 4 weeks. Lowes Companies, Inc. is up 11.07% in the last 3-month period. Year-to-Date the stock performance stands at 7.84%.

Currently the company Insiders own 0.39% of Lowes Companies, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.85% . Institutional Investors own 74.46% of Lowes Companies, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -19.85%. Company has reported several Insider transactions to the SEC, on Dec 12, 2016, Ricky D Damron (Chief Operating Officer) sold 17,225 shares at 74.83 per share price.On Dec 2, 2016, Matthew V Hollifield (SVP Chief Accounting Officer) sold 2,609 shares at 70.29 per share price.On Nov 30, 2016, Marshall A Croom (Chief Risk Officer) sold 6,300 shares at 71.52 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Lowe's Companies was Initiated by Bernstein on Feb 6, 2017 to Underperform, Price Target of the shares are set at $66.Lowe's Companies was Downgraded by Citigroup to Neutral on Dec 19, 2016. Company shares were Reiterated by RBC Capital Mkts on Dec 8, 2016 to Outperform, Raises Price Target to $ 83 from a previous price target of $75 .Company shares were Reiterated by Telsey Advisory Group on Dec 8, 2016 to Market Perform, Raises Price Target to $ 80 from a previous price target of $75 .

Lowe's Companies Last issued its quarterly earnings results on Nov 16, 2016. The company reported $0.88 EPS for the quarter, missing the analyst consensus estimate by $ -0.09. Analyst had a consensus of $0.97. The company had revenue of $15739.00 million for the quarter, compared to analysts expectations of $15830.42 million. The companys revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.

Lowes Companies Inc. is a retailer of home improvement products in the world, with specific emphasis on retail do-it-yourself and commercial business customers. Lowes specializes in offering products and services for home improvement, home decor, home maintenance, home repair and remodeling and maintenance of commercial buildings. Lowes principal customer groups are do-it-yourself retail customers and commercial business customers.



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