- Lindsay Corp (NYSE:LNN) increased its quarterly dividend by 3% to $0.34 from the previous quarterly indicated rate of $0.33 per share.
- The company’s dividend of $0.34 is payable on August 31, 2022, to shareholders of record on August 17, 2022.
- Also Read: Lindsay Shares Gain After Beating Q3 Earnings Expectation
- The new annual indicated rate is $1.36 per share, up from the previous annual stated rate of $1.32 per share. As of June 25, 2022, LNN had ~11 million shares outstanding.
- Price Action: LNN shares are trading higher by 3.98% at $138.10 on the last check Friday.
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On Tuesday, major U.S. indices closed in positive territory. The Dow Jones Industrial Average increased by 0.15% to 38,834.86