After the bell yesterday, Lindsay Corporation (NYSE:LNN) declared its quarterly dividend of 8.5 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 0.5% going forward.
In afternoon trading, shares of LNN were basically flat, trading lower by just a few pennies at the moment.
In other dividend news, Piedmont Natural Gas (NYSE:PNY) maintained its quarterly dividend of 28 cents per share. The Eaton Vance Limited Duration Income Fund (AMEX:EVV) maintained its monthly dividend of 11.58 cents per share. And the Eaton Vance Tax Advantaged Global Dividend Income Fund (NYSE:ETG) maintained its monthly dividend of 10.25 cents per share.
And among dividend reductions, Suffolk Bancorp (NASDAQ:SUBK) announced its quarterly dividend of 15 cents per share, a decrease of about 32% from its prior dividend in September of 22 cents.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.