Is Now the Time to Buy This Dividend King?

Since income investors are typically looking to buy shares of stable businesses with proven track records for their portfolios, it makes sense to consider stocks with decades of dividend increases under their belt.

One stock that has rewarded shareholders with steady payout growth for decades is Lowe's (NYSE: LOW). With 59 consecutive years of dividend increases, Lowe's is a Dividend King, putting it in the enviable company of just 30 other stocks that also hold this title.

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Source Fool.com