Lowe's: Over 12% Annual Total Return Potential Despite Headwinds

jetcityimageIntroduction It's time to talk about one of the most fascinating dividend growth stocks on the market. Founded in 1946, Lowe's Companies (NYSE:LOW) is one of the few dividend growth stocks that has dividend king status (more than 50 consecutive annual hikes) and a strong growth profile. Over the past ten years, LOW shares have returned more than 440%, beating the S&P 500 by more than 200 points! Data by YChartsNonetheless, the stock has gone sideways since 2022, when economic tailwinds turne ...