State   Federal   Water Quality & Environment   Indian Water Resources   Corporate   Municipal Finance 
 News & Information
Corporate News

Tuesday July 20, 2010
Lindsay Corporation Increases Cash Dividend

Source:  Business Wire

Omaha, NE -- Lindsay Corporation (NYSE: LNN), a leading provider of irrigation systems and infrastructure products, announced today that its Board of Directors has declared a 6 percent increase in its regular quarterly cash dividend to $0.085 per share, payable August 31, 2010, to shareholders of record on August 17, 2010. The regular quarterly cash dividend was previously $0.08 per share. The new annual indicated rate is $0.34 per share, up from the previous annual indicated rate of $0.32 per share.

About the Company

Lindsay manufactures and markets irrigation equipment primarily used in agricultural markets which increase or stabilize crop production while conserving water, energy, and labor. The Company also manufactures and markets infrastructure and road safety products through its wholly owned subsidiaries, Barrier Systems Inc. and Snoline S.P.A. At July 6, 2010, Lindsay had approximately 12.5 million shares outstanding, which are traded on the New York Stock Exchange under the symbol LNN.

For more information regarding Lindsay Corporation, see Lindsay's Web site at www.lindsay.com. For more information on the Company's infrastructure products, visit www.barriersystemsinc.com and www.snoline.com

Concerning Forward-looking Statements

This release contains forward-looking statements that are subject to risks and uncertainties and which reflect management’s current beliefs and estimates of future economic circumstances, industry conditions, company performance and financial results. You can find a discussion of many of these risks and uncertainties in the annual, quarterly and current reports that we file with the Securities and Exchange Commission. Forward-looking statements include information concerning possible or assumed future results of operations of the company and those statements preceded by, followed by or including the words “anticipate,” “estimate,” “believe,” “intend,” "expect," "outlook," "could," "may," "should,", “will” or similar expressions. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company undertakes no obligation to update any forward-looking information contained in this press release.

Contact:
Lindsay Corporation:
Dave Downing, 402-827-6235 CFO and President – International Operations
or
Halliburton Investor Relations:
Jeff Elliott or Geralyn DeBusk, 972-458-8000

More Corporate News
    
 Search for more stories
 State   Federal   Water Quality & Environment   Indian Water Resources   Corporate   Municipal Finance 

Copyright ©1999-2010 Stratecon Inc. All rights reserved.
Terms of Use | Privacy Policy | Disclaimer