Will Lowe's Raise Its Dividend in 2020?
The home-improvement industry has become an important part of the retail sector, and Lowe's (NYSE: LOW) has played a vital role in its resurgence following the housing crisis more than a decade ago. Even though many investors tend to see it as being squarely in the shadow of its main rival in home improvement, Lowe's has done an excellent job of growing its business over time and remains a vital player in the industry.
Lowe's also tops its archrival in one respect: It has a much longer history of delivering rising dividend payouts to its shareholders. Yet as some fear that a downturn in housing might come at some point in the future, dividend investors want to know what to expect from Lowe's in 2020. Below, we'll look at the question in more detail.
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Source Fool.com
