Analyzing NYSE:LOW's Dividend Potential.

Unearth the potential of LOWE'S COS INC (NYSE:LOW) as a dividend stock recommended by our stock screening tool. NYSE:LOW maintains a robust financial footing and delivers a sustainable dividend. We'll delve into the details below.

A Closer Look at Dividend for NYSE:LOW

ChartMill assigns a Dividend Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing various dividend elements, such as yield, historical performance, dividend growth, and sustainability. NYSE:LOW has been awarded a 7 for its dividend quality:

• LOW's Dividend Yield is rather good when compared to the industry average which is at 3.90. LOW pays more dividend than 81.60% of the companies in the same industry.
• The dividend of LOW is nicely growing with an annual growth rate of 19.28%!
• LOW has paid a dividend for at least 10 years, which is a reliable track record.
• LOW has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
• LOW pays out 35.14% of its income as dividend. This is a sustainable payout ratio.

Evaluating Health: NYSE:LOW

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NYSE:LOW was assigned a score of 5 for health:

• LOW has an Altman-Z score of 3.64. This indicates that LOW is financially healthy and has little risk of bankruptcy at the moment.
• Looking at the Altman-Z score, with a value of 3.64, LOW is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
• With a decent Debt to FCF ratio value of 4.31, LOW is doing good in the industry, outperforming 62.40% of the companies in the same industry.

Exploring NYSE:LOW's Profitability

ChartMill assigns a proprietary Profitability Rating to each stock. The score is computed by evaluating various profitability ratios and margins and ranges from 0 to 10. NYSE:LOW was assigned a score of 8 for profitability:

• With an excellent Return On Assets value of 15.88%, LOW belongs to the best of the industry, outperforming 93.60% of the companies in the same industry.
• Looking at the Return On Invested Capital, with a value of 31.08%, LOW belongs to the top of the industry, outperforming 97.60% of the companies in the same industry.
• LOW had an Average Return On Invested Capital over the past 3 years of 32.86%. This is significantly above the industry average of 12.78%.
• LOW's Profit Margin of 8.44% is amongst the best of the industry. LOW outperforms 86.40% of its industry peers.
• LOW's Profit Margin has improved in the last couple of years.
• With an excellent Operating Margin value of 12.79%, LOW belongs to the best of the industry, outperforming 90.40% of the companies in the same industry.
• LOW's Operating Margin has improved in the last couple of years.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

Our latest full fundamental report of LOW contains the most current fundamental analsysis.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.