Just How Safe Is Lowe's Stock's Dividend? Bruce Bennett / Getty Images News via Getty Images A key component of income investing is a portfolio that includes safe dividends, those that are unlikely to shrink or disappear. Recognizing when a dividend is stable and safe can be a challenge. Yet, certain metrics can offer clear signs for the investor looking to establish or shore up such a portfolio. What do these metrics tell us about the quarterly dividend at Lowe’s Companies Inc. (NYSE: LOW)?The most recen ...

While artificial intelligence (AI) stole all the attention in 2023, investors shouldn't ignore other areas of the economy. The situation with the housing market is one that might have implications for your portfolio.In 2023, home sales in the U.S. decreased 19% compared to the previous year, and this was after they had already fallen 18% in 2022. The culprit? In early 2022, the Federal Reserve embarked on an aggressive rate-hiking cycle that lasted through the summer of last year. The resulting higher mortg ...

If you're on the hunt for profitable, well-established businesses to put in your dividend portfolio, Home Depot (HD 1.23%) and Coca-Cola (KO 0.35%) both deserve a closer look. These giants dominate their respective industries and generate ample cash flow. Their management teams prioritize returning that cash to shareholders through a steadily rising dividend payment that's well covered by earnings.Their businesses have different characteristics that might make one a better fit than the other for your portfo ...

Home Depot (HD 1.23%) stock is a favorite for many income investors. That's all thanks to qualities like its market leadership position in the home improvement industry and the company's impressive financial strength. Owning this retailer stock today delivers a good chance at capital appreciation as its market recovers, plus immediate passive income in the form of a robust dividend payment.Yet you might consider a fellow member of the Dow Jones Industrial Average as an even better dividend stock to buy for ...

Home Depot (HD) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this home-improvement retailer have returned -0.4%, compared to the Zacks S&P 500 composite's +2.5% change. During this period, the Zacks Building Products - Retail industry, which Home Depot falls in, has lost 1.2%. The key question now is: What could be the stock's futu ...

ATLANTA, Jan. 23, 2024  /PRNewswire/ -- The Home Depot is kicking off its 2024 Retool Your School program, which provides career development opportunities and improves campuses at Historically Black Colleges and Universities (HBCUs). The 2024 program marks the 15th year that The Home Depot has supported campus renovations that uplift HBCU students across the nation. This year, The Home Depot is expected to surpass $10 million in financial support since the program began in 2009. A portion of The Home Depot' ...

Justin Sullivan Home Depot (NYSE:HD) is a portfolio staple, and while it should not be considered to be a large contributor to alpha, it remains a key tool to diversify and mitigate risk. I am confident it is one of the best stocks to own for this reason and provides protection from potential volatility in the technology sector, where I invest most heavily. Last Year & 2024 Outlook In Q3 of fiscal 2023, the company reported a 3.0% YoY decrease in sales, a total of $37.7 billion. There was also a decreas ...

Home Depot Inc. and Lowe’s Cos. stocks dipped in premarket trading on Monday after Oppenheimer downgraded the two construction-material and hardware giants to perform from outperform and cut their target prices.Upcoming initial 2024 guidance from Home Depot and Lowe’s “could prove unfavorable catalysts for shares.”Home Depot is due to release its fourth-quarter results on Feb. 20, followed by Lowe’s on Feb. 28. Home Depot’s stock HD, +1.26% fell 0.9%, while Lowe’s LOW, +0.82% retreated by about 0.7%. Oppen ...

Justin Sullivan Introduction The current economic climate presents a unique landscape in the consumer discretionary sector. Amidst increased business uncertainty, investors often prefer less volatile and cyclical investments, leading to a general fear of consumer discretionary stocks. However, this is precisely when high-quality companies in this sector can stand out. Possible market sell-offs, driven by fears of an economic downturn, can sometimes make the stocks of fundamentally strong companies more attr ...

Home Depot (HD) closed at $362.41 in the latest trading session, marking a +1.26% move from the prior day. This change outpaced the S&P 500's 1.23% gain on the day. Elsewhere, the Dow saw an upswing of 1.06%, while the tech-heavy Nasdaq appreciated by 1.7%.Prior to today's trading, shares of the home-improvement retailer had gained 2.56% over the past month. This has outpaced the Retail-Wholesale sector's loss of 0.02% and the S&P 500's gain of 0.94% in that time.Market participants will be closely followin ...