Is Lowe's a Dividend Beast, Backslider, or Bust?
Lowe's holds one of the longest dividend streaks in the S&P 500, having increased its payout annually for 51 years running. The company is posting decent profits in 2013, and Lowe's stock reflects investors' confidence -- shares are up almost 54% this year, roughly double the S&P 500.
If you're bullish on Lowe's, and are interested in collecting the company's steady dividend, is now a good time to enter into a position? In the accompanying video, part of a series on dividends, Fool contributor Asit Sharma discusses Lowe's current state, compares it to competitor Home Depot, and identifies whether the company is a dividend beast, backslider, or bust.
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The article Is Lowe's a Dividend Beast, Backslider, or Bust? originally appeared on Fool.com.Fool contributor Asit Sharma has no position in any stocks mentioned. The Motley Fool recommends Home Depot. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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