Lindsay (LNN) Raises Quarterly Dividend 3.1% to $0.33; 0.8% Yield

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Lindsay Corporation Increases Cash Dividend

April 5, 2021 4:15 PM 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 $0.33 per share, payable May 28, 2021, to shareholders of record at the close of business on May 14, 2021. This quarterly cash dividend rate represents a 3.1% increase in the previous quarterly indicated rate of $0.32 per share. The new annual indicated rate is $1.32 per share, up from the previous annual indicated rate of $1.28 per share.

At January 4, 2021, Lindsay Corporation had approximately... More