Lindsay Australia Limited (ASX:LAU) Announces Final Dividend of $0.03

Lindsay Australia Limited (ASX:LAU) announced a final dividend on Monday, September 18th, MarketIndexAU reports. Stockholders of record on Thursday, October 5th will be given a dividend of 0.03 per share on Thursday, October 5th. This represents a dividend yield of 2.74%. The ex-dividend date of this dividend is Wednesday, September 20th. This is an increase from Lindsay Australia’s previous final dividend of $0.02.

Lindsay Australia Price Performance

The company has a current ratio of 1.38, a quick ratio of 0.91 and a debt-to-equity ratio of 183.74.

Insider Transactions at Lindsay Australia

In other Lindsay Australia news, insider Ian Williams acquired 86,860 shares of Lindsay Australia stock in a transaction that occurred on Friday, September 8th. The stock was bought at an average cost of A$1.15 ($0.74) per share, for a total transaction of A$99,975.86 ($64,500.55). Company insiders own 23.56% of the company’s stock.

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.