Lindsay Australia Limited (ASX:LAU) Plans Dividend Increase – $0.02 Per Share

Lindsay Australia Limited (ASX:LAU) announced a interim dividend on Monday, February 24th, MarketIndexAU Dividends reports. Investors of record on Wednesday, April 16th will be paid a dividend of 0.023 per share on Wednesday, April 16th. This represents a yield of 3.29%. The ex-dividend date is Wednesday, April 2nd. This is a 9.5% increase from Lindsay Australia’s previous interim dividend of $0.02.

Lindsay Australia Price Performance

The company has a debt-to-equity ratio of 165.40, a quick ratio of 0.91 and a current ratio of 1.02. The firm has a market capitalization of $277.06 million, a P/E ratio of 10.12, a price-to-earnings-growth ratio of 0.69 and a beta of 0.26.

Lindsay Australia Company Profile

Lindsay Australia Limited, together with its subsidiaries, provides integrated transport, logistics, and rural supply services to the food processing, food services, fresh produce, and horticulture sectors in Australia. The company operates through Transport and Rural segments. It also provides seed, chemical, nutrients, fertilizer, irrigation, farm consumables, and packaging.