Lowe's increases dividend for 54th consecutive year

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Lowe's Companies will increase its dividend by 21,7%.

The quarterly dividend will be raised from $0,23 to $0,28 per share, marking 54 consecutive years of dividend increases by the home improvement company. Lowe's now has raised its dividend every year since it's IPO in 1961.

Lowe's new annual dividend of $1,12 per share translates into a current dividend yield of 1,6% based on Friday's closing price of $69,98.

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Pentair hikes dividend by 8.7%

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Pentair (PNR) , a global water solutions company, has announced an 8.7% increase to its quarterly dividend, raising it to $0.25 per share. At the current stock price of $105.49, this results in a dividend yield of 0.85%. The company’s annual dividend payout now rises to $165 million.
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