Dividend Dynamos Home Depot and Lowe's Face Slowing Growth

Home Depot (NYSE: HD) and Lowe's (NYSE: LOW), two home improvement giants, have consistently raised their dividends for 17 consecutive years. While they once drove significant growth and dividend returns, the rapid expansion days are likely behind them as they face slower-growth markets in the US and limited international success.

The companies' focus on wealth preservation rather than high growth may indicate that investors see them more as income stocks now. Despite this, both Home Depot and Lowe's have maintained their position at the top of the home improvement space in the US.