Lowes Cos. (LOW) Raises Qtr. Dividend 12.5% to $0.18; 1.7% Yield

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Lowe's (LOW) Rises on Boosted Payout

May 31, 2013 10:50 AM EDT

Lowe's Cos. (NYSE: LOW) shares are on the rise Friday morning following an earlier announcement that the company would be doling out more to shareholders.

At its annual meeting, Lowe's raised its quarterly dividend 12.5 percent to 18 cents per share. Yield at the... More