Unfortunately for fans of passive income, there isn't (yet) a "Magnificent Seven" of dividend stocks you can choose from while building up your portfolio. If such a list existed, though, the stocks in it would represent profitable companies with unusually long track records for raising their dividend payouts. To make this exclusive club, a business would also need to be able to pay out a significant portion of annual earnings without risking a dividend cut during economic downturns.Lowe's (LOW 0.04%) might ...

Foundation plans to recruit, train and prepare 50,000 job-ready tradespeopleMOORESVILLE, N.C., March 13, 2024 /PRNewswire/ -- The Lowe's Foundation has selected 10 community-based nonprofits as Gable Grants recipients to enhance their innovative skilled trades training programs. These nonprofits expand the foundation's roster of grant recipients to 24 organizations offering inclusive and scalable training programs in 25 states nationwide. She Built This City (Charlotte) will use the grant to grow its tra ...

Shares of home-improvement retail chain Lowe's (LOW -0.89%) are trading near 52-week highs as of this writing. And considering that the company's earnings per share (EPS) are also at all-time highs, it seems appropriate that its stock would be up like it is.However, it's fair to wonder if this will continue in 2024. On Feb. 27, Lowe's reported financial results for 2023 and gave its financial outlook for 2024. The company expects its sales to drop between 2% and 3% year over year in the coming year. And man ...

Sometimes, it's hard to choose between two good options. That's the case with stocks, too. While no one can predict the future with 100% certainty, you can increase your chances of investing success by looking at each company's fundamentals.Lowe's Companies (LOW 0.10%) and Target (TGT -1.06%) have long been successful retailers -- albeit in different segments. Both also have had some short-term hiccups recently. So which stock offers a better opportunity? Lowe'sLowe's holds a dominant share of the home-impr ...

Lowe's Companies (LOW 0.10%) has absolutely crushed it for investors as shares have climbed 135% in the last five years. That gain far exceeds the 83% rise of the S&P 500. And even with the major indices hitting all-time highs, Lowe's remains 8% below its peak price from December 2021. So the business might be on your watch list as a potential opportunity. In fact, this home improvement retail stock might be considered a screaming buy right now. But that's only if you believe it can significantly increase s ...

Lowe's (LOW) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this home improvement retailer have returned +11.1%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Building Products - Retail industry, which Lowe's falls in, has gained 7.4%. The key question now is: What could be the stock's future direction?While ...

Lowe's Companies (LOW -1.06%) recently reported results for its fiscal 2023 fourth quarter (ended Feb. 2). Net sales of $18.6 billion were 17% lower compared to the year-ago period, with diluted earnings per share (EPS) coming in at $1.77. The headline figures were better than what Wall Street analysts were expecting.Like its larger peer, Home Depot, this business is dealing with ongoing headwinds that pressure demand for home improvement products. As of Feb. 27, the retail stock was 12% below its all-time ...

Its industry is in a slump, but Lowe's (LOW 1.67%) is still generating excellent returns for its shareholders these days. The retailer's stock broke through a fresh 12-month high following its late-February earnings announcement, in fact.Wall Street was thrilled to see the chain move closer to Home Depot's (HD 1.01%) industry-leading profit margin in 2023. But Lowe's also predicted another tough year of declining sales ahead. Does this mixed momentum make the stock a clear buy, or one to avoid in 2024? Let' ...

Lowe's (LOW 1.67%) appeals to the do-it-yourself spirit of some American homeowners. However, when the housing market is under pressure, renovation projects may be shelved -- and that's problematic for Lowe's.This explains why Lowe's, although not directly considered a real estate company, is highly sensitive to interest rate policy. So, when the future path of mortgage rates is unclear and homeowners are reluctant to sell their homes, Lowe's takes on the traits of a fixer-upper that might be off-putting to ...

The S&P 500 has gained about 27% over the past year. In the wake of such significant market moves, it's easy to suspect that you've missed out on your chance to profit. That need not be the case, especially for patient investors who take a long-term approach. The key is to find companies with strong fundamentals and good return potential.For example, consider Lowe's Companies (LOW 1.67%). Its share price has increased by approximately 30% since it touched a 52-week low in late October. Should this big incre ...