Lindsay Corporation (NYSE:LNN) Updates On Quarterly Dividend


As per Lindsay Corporation (NYSE:LNN) statement on 2016-07-21, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.29 per share as dividend to stakeholders. The record date is set as 2016-08-17, the payout date as 2016-08-31 and the ex-dividend date is 2016-08-15.

Last fiscal Lindsay Corporation (NYSE:LNN) disbursed cash dividend of $0.29. A year ago, the payout was $0.29, which indicates a difference of 3.6697%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.29, implying 26.7803% growth.

For the period ended on 2015-08-31, Lindsay Corporation (NYSE:LNN)’s earnings came at $0.9 per share compared to EPS of $0.42 a year ago. This quarter the firm can post earnings for quarter ending 2016-08-31 on or around 2016-10-20. For this quarter, the analysts have earnings estimate of $0.44 per share.

The interim price target for Lindsay Corporation (NYSE:LNN) is set at $62.75. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Lindsay Corporation (NYSE:LNN) is seen at $67 and the lowest level is established at $58. This broad range highlights a standard deviation of $3.774 in reported estimates.

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