Irrigation systems manufacturer Lindsay (NYSE:LNN) announced today its third-quarter dividend of $0.13 per share, the same rate it paid last quarter after raising the payout to investors 13% from $0.115 per share.
The board of directors said the quarterly dividend is payable on November 29 to holders of record at the close of business on November 15. The regular dividend payment equates to a $0.52-per-share annual dividend, yielding 0.6% based on the closing price today of Lindsay's stock.
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