While I am still working on releasing this data and analytics through stockPup.com, I thought I'd share the very first graph I created with my own data. Here is a look at the changes in shareholder equity, and the accumulation of dividends, for one of my favorite companies - Lowe's (LOW).
dividend aristocrat," due to the consistency of their increasing dividends. Indeed, you can see on the chart that in the past 10 years Lowe's has paid out about $1.50 in dividends per split-adjusted share. What is more impressive is that over the past 10 years the equity per share has increased from about $3 per share to over $13 per share.
An equity increase of 4.3 times in 10 years is equivalent to 15% compound annual increase. Adding in the dividends we get to 17% per year. For a company the size of Lowe's (they are number 42 in Fortune 500), this is a very impressive rate of growth in shareholder wealth.
Of course, equity growth is only one - although arguably the most important one - of the many dimensions of analyzing a company. In the next few months I plan to bring you deeper insights into corporate fundamentals. So, stay tuned!
Disclosure: long on LOW