Cash Dividend On The Way From Lindsay (LNN)

Looking at the universe of stocks we cover at Dividend Channel, on 8/14/13, Lindsay Corp ( LNN) will trade ex-dividend, for its quarterly dividend of $0.13, payable on 8/30/13. As a percentage of LNN's recent stock price of $74.20, this dividend works out to approximately 0.18%.

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Below is a dividend history chart for LNN, showing historical dividends prior to the most recent $0.13 declared by Lindsay Corp:

LNN+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LNN is likely to continue, and whether the current estimated yield of 0.70% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LNN shares, versus its 200 day moving average:

Lindsay Corp 200 Day Moving Average Chart

Looking at the chart above, LNN's low point in its 52 week range is $64.46 per share, with $94.90 as the 52 week high point — that compares with a last trade of $74.20.

According to the ETF Finder at ETF Channel, LNN makes up 3.68% of the Water Resources Portfolio ETF ( PHO) which is trading lower by about 0.2% on the day Monday.

In Monday trading, Lindsay Corp shares are currently up about 0.6% on the day.
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