Lindsay raises dividend by 2.7% to $0.38 a share

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Summary · why it matters

Lindsay Corporation declared a quarterly cash dividend of $0.38 per share, a 2.7% increase from the prior dividend of $0.37. The dividend is payable on August 31 to shareholders of record on August 17, with an ex-dividend date of August 17. The forward yield is 1.24%. The company had paid a quarterly dividend of $0.37 in each of the previous four quarters.

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Lindsay Corporation raised its quarterly dividend by 2.7%, signaling financial strength and returning capital to shareholders.