Lindsay Corporation has declared a quarterly cash dividend of $0.37 per share, payable on February 27, 2026, to shareholders of record as of February 13, 2026, maintaining its commitment to shareholder returns amid stable operations in irrigation and infrastructure sectors.
Lindsay Corporation, traded on the NYSE under the ticker LNN, has officially declared its regular quarterly cash dividend. The dividend stands at $0.37 per share, continuing the rate established in mid-2025 following a 2.8% increase from the prior level. This payout reflects the company’s ongoing financial discipline and focus on returning value to investors, even as it navigates fluctuating demand in agricultural and transportation markets.
The dividend will be distributed to eligible shareholders on February 27, 2026, with the record date set for the close of business on February 13, 2026. With approximately 10.5 million shares outstanding, this declaration underscores Lindsay’s position as a reliable dividend payer, boasting over two decades of consecutive annual increases. The current annualized dividend amounts to $1.48 per share, yielding around 1.17% based on the recent stock price of $126.64.
Company Overview and Market Position
As a prominent player in the irrigation and infrastructure industries, Lindsay manufactures and distributes advanced equipment and technology solutions. Its portfolio includes Zimmatic center pivot and lateral move irrigation systems, FieldNET remote management tools, and FieldWise technology for optimized water usage. In the infrastructure segment, the company leads with Road Zipper and Snoline brands, providing movable barrier systems and road safety products that enhance traffic flow and safety on highways, bridges, and tunnels.
Founded in 1955, Lindsay has evolved into a global entity serving the needs of agriculture, which demands efficient water management amid growing food production pressures, and transportation, where infrastructure resilience is critical. The company’s innovations address challenges like water scarcity and urban congestion, positioning it well for long-term growth in these essential sectors.
Financial Context and Shareholder Implications
This dividend announcement follows Lindsay’s recent first-quarter fiscal results, where revenues dipped slightly due to softer demand in certain North American irrigation markets, but operating margins held steady thanks to cost controls and supply chain efficiencies. Despite the revenue headwind, the company initiated a new $150 million share repurchase program, signaling confidence in its balance sheet and future cash flows.
For income-focused investors, the consistent dividend provides a steady return stream, particularly appealing in a volatile market environment. The payout ratio remains conservative at about 21.5%, leaving ample room for reinvestment in research and development, such as IoT integrations for smarter irrigation scheduling. Analysts view the dividend as sustainable, supported by Lindsay’s diversified revenue from both domestic and international operations.
Dividend History Highlights
Lindsay has demonstrated a strong track record of dividend growth:
5-year average annual growth rate: 2.85%
Consecutive years of increases: 23
Current quarterly rate: $0.37 (up from $0.36 prior to the 2025 adjustment)
This reliability makes LNN an attractive holding for dividend growth portfolios, especially among USA-based investors seeking exposure to agribusiness and infrastructure themes without excessive cyclical risk.
Strategic Outlook
Looking ahead, Lindsay’s emphasis on technology-driven solutions positions it to capitalize on trends like precision agriculture and sustainable infrastructure. With global population growth driving demand for efficient food production and governments investing in transportation upgrades, the company’s product suite aligns with these macro drivers. The dividend serves as a bridge for shareholders during periods of market uncertainty, reinforcing trust in management’s capital allocation strategy.
Disclaimer: This article is for informational purposes only and does not constitute financial advice, investment recommendations, or an endorsement of any securities. Readers should conduct their own research and consult with qualified professionals before making investment decisions. All information is based on publicly available data and is subject to change.
