Lindsay Corporation (LNN) Increases Quarterly Dividend
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Lindsay Corporation (NYSE: LNN) has declared a 7% increase in its regular quarterly cash dividend to $0.075 per share, payable August 29, 2008, to shareholders of record on August 15, 2008. The regular quarterly cash dividend was previously $0.07 per share. The new annual indicated rate is $0.30 per share, up from the previous annual indicated rate of $0.28 per share.
Lindsay Corporation (Lindsay) is a designer and manufacturer of self-propelled center pivot and lateral move irrigation systems, which are used in the agricultural industry to stabilize crop production while conserving water, energy, and labor. [SM]
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