Lindaay Corp. (LNN) Raises Quarterly Dividend 3.3% to $0.31; 1.3% Yield

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Lindsay Corporation Increases Cash Dividend

June 27, 2018 6:45 AM EDT

OMAHA, Neb.--(BUSINESS WIRE)-- Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.31 per share, payable August 31, 2018, to shareholders of record at the close of business on August 17, 2018. This quarterly cash dividend rate represents a 3.3% increase in the previous quarterly indicated rate of $0.30 per share. The new annual indicated rate is $1.24 per share, up from the previous annual indicated rate of $1.20 per share.

At March 19, 2018, Lindsay... More