Thread regarding Lowe's Cos. layoffs

Shareholders get higher dividends, we get restructured into lower wages

If everything said in this article is true, we will be the ones to take the brunt of Lowe’s greed and future dividend growth chasing. In news that is surprising to absolutely no one, Lowe's does not give a damn about its workers, only the shareholders.

I don’t see any other way for them to keep boosting their earnings and dividend but through both job and pay cuts.

They should ask themselves if their profit is going to keep growing if all the quality people leave, which this change would most likely result in.

http://social.fool.com/blog/43988055393

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| 2002 views | | 3 replies (last June 23, 2017) | Reply
Post ID: @OP+NUWCZKa

3 replies (most recent on top)

Nailed it, @1rkt. Only, these days is - more work, LOWER pay.

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Post ID: @1ojy+NUWCZKa

More work, same pay, someone else gets the bonus! No matter what they say or how they say it... it all comes down to these three things.

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Post ID: @1rkt+NUWCZKa

Nice, nice, more money for shareholders.

We already know management plans to grow the dividend 15% to 20% in 2018 and 2019. But with the payout ratio already hovering close to the 35% target set by Hull, Lowe's doesn't have much wiggle room considering earnings aren't expected to grow quite that fast.

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Post ID: @pmh+NUWCZKa

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