Lindsay Corporation (NYSE:LNN) Declares $0.37 Quarterly Dividend

Posted by Stanley Muller on May 13th, 2026

Lindsay Corporation (NYSE:LNN – Get Free Report) announced a quarterly dividend on Wednesday, April 1st. Stockholders of record on Friday, May 15th will be given a dividend of 0.37 per share by the industrial products company on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, May 15th.

Lindsay has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 22 years. Lindsay has a dividend payout ratio of 22.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Lindsay to earn $5.93 per share next year, which means the company should continue to be able to cover its $1.48 annual dividend with an expected future payout ratio of 25.0%.

Lindsay Stock Down 0.4%

Shares of NYSE:LNN traded down $0.44 during trading hours on Wednesday, hitting $107.63. The company’s stock had a trading volume of 56,151 shares, compared to its average volume of 140,430. Lindsay has a 52 week low of $97.27 and a 52 week high of $150.96. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.02 and a quick ratio of 2.15. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 19.77 and a beta of 0.73. The firm’s fifty day moving average price is $115.43 and its 200 day moving average price is $119.41.

Lindsay (NYSE:LNN – Get Free Report) last posted its quarterly earnings results on Thursday, April 2nd. The industrial products company reported $1.15 EPS for the quarter, missing the consensus estimate of $1.60 by ($0.45). Lindsay had a net margin of 9.25% and a return on equity of 11.28%. The business had revenue of $157.72 million during the quarter, compared to the consensus estimate of $163.52 million. During the same quarter in the prior year, the firm posted $2.44 EPS. The company’s revenue for the quarter was down 15.7% compared to the same quarter last year. As a group, research analysts expect that Lindsay will post 5.19 EPS for the current year.

Hedge Funds Weigh In On Lindsay

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Aster Capital Management DIFC Ltd acquired a new stake in Lindsay in the 4th quarter worth approximately $25,000. Advisory Services Network LLC purchased a new position in shares of Lindsay in the third quarter worth $30,000. Parallel Advisors LLC lifted its stake in shares of Lindsay by 1,295.8% during the first quarter. Parallel Advisors LLC now owns 335 shares of the industrial products company’s stock worth $40,000 after buying an additional 311 shares during the period. Copeland Capital Management LLC acquired a new stake in shares of Lindsay during the fourth quarter worth $62,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Lindsay during the fourth quarter valued at $83,000. 89.94% of the stock is owned by hedge funds and other institutional investors.

About Lindsay

(Get Free Report)

Lindsay Corporation (NYSE: LNN) is a U.S.-based manufacturer of agricultural irrigation and infrastructure products. Headquartered in Omaha, Nebraska, the company has built a reputation for designing and producing center pivot and lateral‐move irrigation systems under the Zimmatic brand. These systems feature advanced controls, precision sprinklers and automated monitoring technology that help growers optimize water use, improve crop yields and enhance sustainability in a variety of row-crop, specialty crop and forage operations.

Beyond its core irrigation business, Lindsay operates an infrastructure segment that delivers engineered products and services for water and roadway management.

Lindsay Corporation (NYSE:LNN) Declares $0.37 Quarterly Dividend

Lindsay Stock Down 0.4%

Hedge Funds Weigh In On Lindsay

About Lindsay

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