Lindsay Corporation
LNN23 yrs growthIndustrials · Stock · quarterly payer
Forward Yield
1.32%
Annual Dividend
$1.52
Payout Ratio
28%
5-Yr Growth
2.8%
Ex-Date
Aug 17, 2026
Frequency
Quarterly
Summary
As of August 2026, Lindsay Corporation (LNN) yields 1.32% ($1.52 per share annually), with a blended fair-value estimate of $154.03 — +34% upside, so it screens as undervalued. Dividend safety grade: A (97/100). 23 years of dividend growth.
Is LNN a good dividend stock?
YesLindsay Corporation (LNN) pays a quarterly dividend yielding 1.32% ($1.52/yr), with 23 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 23 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (28%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.32%
- Payout Ratio
- 28%
- Annual Dividend
- $1.52
- 5-Yr Avg Growth
- 2.8%
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 23
- Frequency
- quarterly
- Beta
- 0.70
- Market Cap
- $1.2B
- P/E Ratio
- 22.1
- 5-Yr Total Return
- -24%
- 52-Week Range
- $97.27 – $148.00
- Dividend Safety
- A · 97/100
- Ever Cut?
- No
Frequently Asked Questions
LNN Price — Last 12 Months
Daily close
Price Return
1 Year
-16%
3 Years
-2%
5 Years
-24%
52-Week Range
$97.27 – $148.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LNN worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Lindsay Corporation is $154.03 per share, versus a market price of $115.07. That implies 34% of upside — a margin of safety of about 25%.
Fair Value
$154.03
Current Price
$115.07
Upside
+34%
Margin of Safety
25%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 5.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.8% discount rate (CAPM), 5.4% stage-1 growth, 2.5% terminal growth, $5.21 EPS, $1.52 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LNN Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.3700 | regular |
| Feb 13, 2026 | — | $0.3700 | regular |
| Nov 14, 2025 | — | $0.3700 | regular |
| Aug 15, 2025 | — | $0.3700 | regular |
| May 16, 2025 | — | $0.3600 | regular |
| Feb 14, 2025 | — | $0.3600 | regular |
| Nov 15, 2024 | — | $0.3600 | regular |
| Aug 16, 2024 | — | $0.3600 | regular |
| May 16, 2024 | — | $0.3500 | regular |
| Feb 14, 2024 | — | $0.3500 | regular |
| Nov 15, 2023 | — | $0.3500 | regular |
| Aug 16, 2023 | — | $0.3500 | regular |
| May 16, 2023 | — | $0.3400 | regular |
| Feb 13, 2023 | — | $0.3400 | regular |
Income Calculator
At $1.52 / yr per share
