Lindsay ticker dps (an.) 2024 hike 2023 hike 2022 hike
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Lindsay hikes dividend by 3.8%

Lindsay Corporation (LNN) will raise its quarterly dividend by almost 4 percent to $0.27 per share. It's the second dividend increase this year by LNN.

Lindsay Corporation provides proprietary water management and road infrastructure products and services. The company's two major reporting segments are Irrigation and Infrastructure. Lindsay’s irrigation segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems which are used principally in the agricultural industry to increase or stabilize crop production while conserving water, energy and labor. The irrigation segment also manufactures and markets repair and replacement parts for its irrigation systems and controls. The company’s infrastructure segment includes the manufacture and marketing of moveable barriers, specialty barriers, crash cushions and end terminals, road marking and road safety equipment, large diameter steel tubing, and railroad signals and structures. Lindsay's brands include Zimmatic, FieldNET, Barrier Systems, Road Zipper and Snoline. The company has been involved in the manufacture and distribution of agricultural irrigation equipment since 1955 and has grown from a regional company to an international water efficiency solutions and highway infrastructure firm with worldwide sales and distribution.