NEW YORK ( TheStreet) -- The ex-dividend date for Lindsay (NYSE: LNN) is tomorrow, May 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $61.47 as of 9:34 a.m. ET, the dividend yield is 0.6%. The average volume for Lindsay has been 141,300 shares per day over the past 30 days. Lindsay has a market cap of $786.7 million and is part of the industrial goods sector and industrial industry. Shares are up 13.2% year to date as of the close of trading on Friday. Lindsay Corporation designs, manufactures, and sells irrigation systems that are primarily used in the agricultural industry to increase or stabilize crop production while conserving water, energy, and labor in the United States and internationally. The company has a P/E ratio of 21.3, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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