Dividend Increases Week of 5/27/2023

Hi all,

Increases Most Return to
Current Recent Dividend Interest Payout 4 Yr. Payout Years 4 Yr 4 Yr Yield
Symbol Company Name Yield Increase 5 Yr. CAGR Coverage Ratio Ratio M* Sector Growth Avg. Yield Upside
MDT Medtronic plc 3.39% 1.5% 6.7% 10.0 51% 48% Healthcare 9 Years 2.30% 47.31%
FLO Flowers Foods 3.57% 4.5% 5.0% 12.7 39% 65% Consumer Defensive 9 Years 3.29% 8.39%
UNM Unum Group 3.21% 10.6% 7.0% 9.7 21% 23% Financial Services 14 Years 4.33% -25.89%
LOW Lowe’s Companies 2.13% 4.8% 18.0% 9.1 29% 30% Consumer Cyclical 59 Years 1.61% 32.33%

Rich

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I have owned LOW for roughly 10 years. It has performed incredibly well. The dividend growth has been amazing. I also own HD. From a consumer’s perspective, HD is so superior that I would not think LOW could perform financially like it does. Perhaps this shows the power of a duopoly in a huge market.

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