Lowe’s Companies, Inc. (NYSE:LOW) is among top 15 dividend stocks. They recently acquired Foundation Building Materials to enhance their pro customer business. The acquisition expands their reach, product selection, and digital capabilities across the US and Canada, positioning them for growth in key regions.

This move strengthens Lowe’s presence among professional customers by improving order fulfillment and trade credit platform. The acquisition of FBM, following Artisan Design Group, supports Lowe’s strategy to provide complete interior solutions for homebuilders. Lowe’s also boasts a strong dividend history, with a 60-year streak of dividend increases.

Lowe’s Companies, Inc. (NYSE:LOW) offers a quarterly dividend of $1.20 per share with a yield of 1.98% as of October 16. While LOW presents investment potential, certain AI stocks may offer greater upside. Consider exploring other investment opportunities in AI stocks for potential growth and reduced risk.

Read more at Yahoo Finance: Lowe’s Completes Acquisition of Foundation Building Materials to Strengthen Pro Customer Business