GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lindsay Corp (NYSE:LNN) » Definitions » 5-Year Dividend Growth Rate

Lindsay (Lindsay) 5-Year Dividend Growth Rate

: 2.50% (As of Feb. 2024)
View and export this data going back to 1990. Start your Free Trial

Lindsay's Dividends per Share for the three months ended in Feb. 2024 was $0.35.

During the past 12 months, Lindsay's average Dividends Per Share Growth Rate was 3.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lindsay was 41.50% per year. The lowest was 2.40% per year. And the median was 8.15% per year.

Lindsay's Dividend Payout Ratio for the three months ended in Feb. 2024 was 0.21. As of today, Lindsay's Dividend Yield % is 1.19%.

Good Sign:

Lindsay Corp stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Lindsay's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lindsay 5-Year Dividend Growth Rate Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lindsay's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Lindsay's 5-Year Dividend Growth Rate falls into.



Lindsay 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Lindsay  (NYSE:LNN) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Lindsay's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.35/ 1.64
=0.21

During the past 13 years, the highest Dividend Payout Ratio of Lindsay was 6.20. The lowest was 0.21. And the median was 0.42.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Lindsay Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3502024-02-142024-02-152024-02-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-11-152023-11-162023-11-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-08-162023-08-172023-08-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-05-162023-05-172023-05-31Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Lindsay's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.39/116.51
=1.19 %

Current Share Price is $116.51.
Lindsay's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.39.

During the past 13 years, the highest Dividend Yield of Lindsay was 1.70%. The lowest was 0.53%. And the median was 1.22%.

Good Sign:

Lindsay Corp stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lindsay 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Lindsay's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Lindsay (Lindsay) Business Description

Traded in Other Exchanges
Address
18135 Burke Street, Suite 100, Omaha, NE, USA, 68022
Lindsay Corp provides various proprietary water management and road infrastructure products and services. It has operations categorized into two main reporting segments: Irrigation, and Infrastructure. The company generates maximum revenue from the Irrigation segment. Its Irrigation segment includes manufacturing and marketing center pivot, lateral move, and hose reel irrigation systems, as well as various technology solutions such as GPS positioning and guidance, variable rate irrigation, wireless irrigation management, M2M communication technology, and smartphone applications. Geographically, it derives a majority of its revenue from the United States.
Executives
Si Pablo Di director 18135 BURKE ST., SUITE 100, OMAHA NE 68022
James Scott Marion officer: President - Infrastructure Div 2222 NORTH 111TH ST, OMAHA NE 68164
Michael Nahl director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Ibrahim Gokcen director 18135 BURKE ST., SUITE 100, OMAHA NE 68022
Michael Christodolou director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Gustavo E Oberto officer: President - Irrigation 18135 BURKE ST., SUITE 100, OMAHA NE 68022
Michael D Walter director ONE CONAGRA DRIVE, OMAHA NE 68102
Randy A Wood officer: Pres - Agricultural Irrigation 2222 N 111TH STREET, OMAHA NE 68164
Mary A Lindsey director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Bill Welsh director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Madere Consuelo E. director 800 N. LINDBERGH BLVD., ST. LOUIS MO 63167
David B Downing officer: Vice President & CFO 2707 N. 108TH ST., SUITE 102, OMAHA NE 68164
Timothy L Hassinger director, officer: President and CEO 2222 NORTH 111TH ST, OMAHA NE 68164
Rick Parod officer: President & CEO 2707 N 108TH STREET STE102, OMAHA NE 68164
Brian L Ketcham officer: Vice President and CFO 2222 N 111TH STREET, OMAHA NE 68164