The Lowe’s Companies’ (LOW) Resilient Business Model and its Importance for Retail Dividend Stocks

Group 1 - Lowe's Companies, Inc. is recognized as one of the 12 Best Retail Dividend Stocks to buy now, highlighting its strong position in the retail market [1] - The company has a long history of over a hundred years and is currently the second-largest home improvement retailer in the US, operating more than 1,700 stores [2] - Despite challenges in the housing market, Lowe's is well-positioned as homeowners tend to invest in renovations when buying new homes becomes difficult, supporting long-term growth [3] Group 2 - The aging US housing stock, with most homes between 31 and 60 years old, contributes to steady demand for home improvement products and services [4] - Lowe's focus on professional contractors is a growing sales segment that enhances its market outlook [4] - The company is a Dividend King, having increased its dividend payouts for 60 consecutive years, currently offering a quarterly dividend of $1.20 per share with a yield of 1.84% as of September 22 [5]