Lindsay (LNN) Raises Quarterly Dividend 3.2% to $0.32; 1.5% Yield
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Lindsay Corporation Increases Cash Dividend
April 6, 2020 6:45 AM EDTOMAHA, 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 $0.32 per share, payable May 29, 2020, to shareholders of record at the close of business on May 15, 2020. This quarterly cash dividend rate represents a 3.2% increase in the previous quarterly indicated rate of $0.31 per share. The new annual indicated rate is $1.28 per share, up from the previous annual indicated rate of $1.24 per share.
At January 7, 2020, Lindsay Corporation had approximately... More
