Lindsay Raises Quarterly Dividend 2.7% to $0.38

Lindsay Corporation (NYSE: LNN) raised its quarterly dividend to $0.38 per share from $0.37, an increase of 2.7%. The industrial company’s shares are scheduled to trade ex-dividend on Aug. 17, 2026.

The new rate equates to an annualized dividend of $1.52 per share. Based on the reference share price of $115.13, the forward annual yield is 1.32%. Investors purchasing shares on or after the ex-dividend date will not be entitled to the associated distribution.

The increase extends Lindsay’s record of consecutive annual dividend growth to 23 years. SmarterDividends assigns the payout a safety score of 97 out of 100 and an A grade, indicating a strong assessment of dividend stability based on the publication’s methodology.

Business context

Omaha-based Lindsay manufactures and distributes irrigation and infrastructure equipment and technology. Its irrigation operations serve agricultural markets, while its infrastructure business includes road-safety products and the Road Zipper movable-barrier system, according to the company’s regulatory disclosures. Lindsay’s fiscal third-quarter filing

The dividend increase comes amid mixed operating conditions. In its fiscal 2026 third quarter, Lindsay said irrigation revenue declined 7% as difficult conditions persisted in North America and Brazil. Infrastructure revenue increased 8%, supported by another quarter of growth in road-safety products. The company also said its major irrigation project in the Middle East and North Africa remained on schedule. Lindsay fiscal 2026 third-quarter presentation

Management’s stated capital-allocation priorities include supporting existing operations, investing in product development and productivity, pursuing acquisitions, increasing annual dividends and repurchasing shares. The company reported available liquidity of $205 million at the end of the fiscal third quarter, providing context for its shareholder-return program. Lindsay fiscal 2026 third-quarter presentation

What it means for income investors

The higher payment provides shareholders with a modest increase in quarterly income while preserving Lindsay’s multiyear growth record. The 1.32% forward yield remains relatively modest, making the event more notable for dividend consistency and safety than for current income. Future distributions remain subject to board approval and the company’s operating and financial performance.