Lindsay Corporation (NYSE:LNN) will begin trading ex-dividend on November 13, 2020. The quarterly dividend payment of $ 0.32 per share is scheduled to be paid on November 30, 2020. The dividend yield based on the latest trading day closing price was 1.08 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 13, 2020.
Dividends History
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Lindsay Corporation recently reported third quarter financial results on July 2, 2020, before market open, the Omaha based company announced income for the third quarter of $ 0.93 per share, from the revenue of $ 123.11 million. The quarterly earnings hiked 86.00 percent compared with the same quarter last year. Street analysts expected Lindsay Corporation recently reported third quarter financial results on July 2, 2020, before market open, the Omaha based company to report income of $ 0.88 per share on revenue of $ 123.52 million for the third quarter. The bottom line results beat street analysts by $ 0.05 or 5.68 percent, at the same time, top line results fell short of analysts by $ 0.41 million or 0.33 percent.
Stock Performance
Shares of Lindsay Corporation traded low $ -1.01 or -0.85 percent on Wednesday, reaching $ 118.05 with volume of 44.10 thousand shares. Lindsay Corporation has traded high as $ 119.55 and has cracked $ 115.68 on the downward trend
The closing price of $ 118.05, representing a 65.68 % increase from the 52 week low of $ 71.86 and a 3.19 % decrease over the 52 week high of $ 122.98.
The company has a market capital of $ 1.28 billion and is part of the Industrials sector and Farm & Construction Equipment industry.
Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The companys Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot and Greenfield brands; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems under the GrowSmart brand. This segment also offers repair and replacement parts for irrigation systems and controls; and M2M communication technology solutions, data acquisition and management systems, and custom electronic equipment under the Elecsys brand.
