Could Lowe's Be in the "Magnificent Seven" of Dividend Stocks?
Lowe's(LOW) The Motley Fool·2024-03-16 19:05
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 ...