Lindsay Dividend
Dividend criteria checks 4/6
Lindsay is a dividend paying company with a current yield of 1.19% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 16th May, 2024.
Key information
1.2%
Dividend yield
22%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 16 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$6.27 |
| Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Lindsay (NYSE:LNN) Has Affirmed Its Dividend Of $0.35
Jan 15
Lindsay (NYSE:LNN) Has Announced That It Will Be Increasing Its Dividend To $0.35
Oct 22Recent updates
Lindsay Corporation Just Recorded A 5.5% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 07Lindsay Corporation: Downgrading Shares On Weak Farm Income
Apr 02Returns Are Gaining Momentum At Lindsay (NYSE:LNN)
Mar 28Is Lindsay (NYSE:LNN) A Risky Investment?
Mar 09Lindsay (NYSE:LNN) Has Affirmed Its Dividend Of $0.35
Jan 15Lindsay Corporation: Bottom Is In Place
Jan 13Some Investors May Be Willing To Look Past Lindsay's (NYSE:LNN) Soft Earnings
Jan 12Unpleasant Surprises Could Be In Store For Lindsay Corporation's (NYSE:LNN) Shares
Jan 04Lindsay (NYSE:LNN) Is Experiencing Growth In Returns On Capital
Dec 14Lindsay (NYSE:LNN) Has Announced That It Will Be Increasing Its Dividend To $0.35
Oct 22Lindsay Stock: Exceeds Q4 Expectations, Still Maintaining My Hold Rating
Oct 20Lindsay: Near-Term Headwinds Keep Me On The Sidelines (Rating Downgrade)
Sep 28Lindsay (NYSE:LNN) Is Looking To Continue Growing Its Returns On Capital
Sep 08Is Lindsay (NYSE:LNN) A Risky Investment?
Aug 17Lindsay (NYSE:LNN) Is Increasing Its Dividend To $0.35
Aug 01Lindsay: Overvalued With Declining Revenues
Jul 14Lindsay (NYSE:LNN) Is Paying Out A Larger Dividend Than Last Year
Jul 10Lindsay Corporation: An Upgrade Is In Order
Jun 20A Look At The Intrinsic Value Of Lindsay Corporation (NYSE:LNN)
Jun 03Here's Why We Think Lindsay (NYSE:LNN) Is Well Worth Watching
Apr 27Estimating The Fair Value Of Lindsay Corporation (NYSE:LNN)
Feb 24Lindsay Corporation Looks Attractive At The Current Levels
Jan 27Lindsay declares $0.34 dividend
Jan 13Lindsay Q1 2023 Earnings Preview
Jan 04Lindsay (NYSE:LNN) Is Experiencing Growth In Returns On Capital
Jan 04These 4 Measures Indicate That Lindsay (NYSE:LNN) Is Using Debt Reasonably Well
Dec 19Lindsay and Ceres Imaging announce partnership
Dec 19Calculating The Intrinsic Value Of Lindsay Corporation (NYSE:LNN)
Nov 21Here's Why We Think Lindsay (NYSE:LNN) Is Well Worth Watching
Nov 08Lindsay GAAP EPS of $1.62 beats by $0.26, revenue of $190.2M beats by $11.16M
Oct 20Lindsay (NYSE:LNN) Might Have The Makings Of A Multi-Bagger
Oct 04Lindsay (NYSE:LNN) Is Increasing Its Dividend To $0.34
Jul 18Lindsay (NYSE:LNN) Is Increasing Its Dividend To US$0.34
Jul 04Lindsay GAAP EPS of $2.28 beats by $0.68, revenue of $214.3M beats by $25.35M
Jun 30Is There An Opportunity With Lindsay Corporation's (NYSE:LNN) 38% Undervaluation?
Jun 28Lindsay: Overpriced Despite Recent Performance
Jun 23Lindsay (NYSE:LNN) Is Due To Pay A Dividend Of US$0.33
May 08Is Lindsay (NYSE:LNN) Using Too Much Debt?
Apr 29Lindsay (NYSE:LNN) Has Re-Affirmed Its Dividend Of US$0.33
Apr 09Returns On Capital Are Showing Encouraging Signs At Lindsay (NYSE:LNN)
Apr 05Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LNN's dividends per share have been stable in the past 10 years.
Growing Dividend: LNN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Lindsay Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LNN) | 1.2% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Machinery) | 1.5% |
| Analyst forecast in 3 Years (LNN) | 1.2% |
Notable Dividend: LNN's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: LNN's dividend (1.19%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.1%), LNN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.5%), LNN's dividend payments are well covered by cash flows.