Nordson Corporation Board of Directors Increases Dividend 27 Percent, Marking 59 Consecutive Years of Annual Dividend Increases
08/10/2022 - 08:00 AM
WESTLAKE, Ohio --(BUSINESS WIRE)--
Nordson Corporation $0.65 $0.51 September 6, 2022 , to shareholders of record as of the close of business on August 23, 2022 .
This increase represents Nordson’s 59th consecutive year of annual dividend increases, ranking it among an elite group of publicly traded companies with the longest-running record of consecutive dividend increases.
“Nordson has a proud history of returning a portion of its cash flow to our shareholders. This increase moves our annual dividend yield to slightly over one percent,” said Joseph Kelley , executive vice president and chief financial officer. “This increase reflects our confidence in our long-term profitable growth, which is driven by the continued execution of our Ascend strategy, designed to deliver top-tier growth with leading margins and returns.”
Nordson Corporation is an innovative precision technology company that leverages a scalable growth framework through an entrepreneurial, division-led organization to deliver top tier growth with leading margins and returns. The Company’s direct sales model and applications expertise serves global customers through a wide variety of critical applications. Its diverse end market exposure includes consumer non-durable, medical, electronics and industrial end markets. Founded in 1954 and headquartered in Westlake, Ohio , the Company has operations and support offices in over 35 countries. Visit Nordson on the web at www.nordson.com , www.twitter.com/Nordson_Corp or www.facebook.com/nordson .
View source version on businesswire.com : https://www.businesswire.com/news/home/20220810005132/en/
Lara Mahoney
Corporate Communications & Investor Relations
Lara.Mahoney@nordson.com
Source: Nordson Corporation
NDSN Rankings
#2366 Ranked by Stock Gains
NDSN Stock Data
Industry
Heating Equipment (except Warm Air Furnaces) Manufacturing
Sector
Manufacturing
Tags
Producer Manufacturing, Industrial Machinery, Manufacturing, Heating Equipment (except Warm Air Furnaces) Manufacturing
Country
US
City
Westlake
About NDSN
whatever you do today, nordson corporation is likely a part of it. we engineer, manufacture and market differentiated products and systems used for precision dispensing and processing in a variety of end markets, from packaging to transportation and medical to electronics. founded in 1954, we operate under the values of integrity, respect for people, customer passion, energy and excellence. nordson is headquartered in the united states in westlake, ohio, and has direct operations in more than 30 countries to support our products and systems with application expertise and a direct global sales and service organization.
