Lindsay (LNN) Raises Quarterly Dividend 3% to $0.34; 1% Yield

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Lindsay Corporation Increases Quarterly Cash Dividend

July 1, 2022 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 $0.34 per share, payable August 31, 2022, to shareholders of record at the close of business on August 17, 2022. This quarterly cash dividend rate represents a 3.0% increase in the previous quarterly indicated rate of $0.33 per share. The new annual indicated rate is $1.36 per share, up from the previous annual indicated rate of $1.32 per share.

As of June 25, 2022, Lindsay Corporation had... More