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Loews Corporation (L ) reported fourth quarter results before the opening bell on Monday morning, posting lower earnings and revenues compared to last year.
Lowes made no mention of changing its quarterly dividend in its Q4 earnings release. The company currently pays a 6 cent dividend, and has not raised it since 2007. We expect the company to declare its next quarterly dividend in the coming weeks.
Loews stock was up $1.09, or 2.87%, in pre-market trading. YTD, the stock is down 2.4%.