Lindaay Corp. (LNN) Raises Quarterly Dividend 3.6% to $0.29; 1.7% Yield
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Lindsay Corporation Increases Cash Dividend
July 21, 2016 6:45 AM EDTOMAHA, Neb.--(BUSINESS WIRE)-- Lindsay Corporation (NYSE: LNN), a leading provider of irrigation systems and infrastructure products, announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.29 per share, payable August 31, 2016, to shareholders of record on August 17, 2016. This quarterly cash dividend rate represents a 4% increase in the previous quarterly indicated rate of $0.28 per share. The new annual indicated rate is $1.16 per share, up from the previous annual indicated rate of $1.12 per share.
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