Lowe’s Companies, Inc.(LOW), together with its subsidiaries, operates as a home improvement retailer. It offers a range of products for maintenance, repair, remodeling, and home decorating. The company is one of only 13 companies in the world which have increased dividends for at least 50 years in a row.
The company’s last dividend increase was in June 2012 when the Board of Directors approved a 14.30% increase to 16 cents/share. Home Depot (HD) is the company’s largest competitor.