Nordson Corp Stock Price, News & Analysis

Nordson Corporation (Nasdaq: NDSN) has announced a 31% increase in its quarterly cash dividend to $0.51 per common share, up from $0.39. This dividend is payable on September 7, 2021, to shareholders of record as of the close of business on August 24, 2021. This marks the 58th consecutive year of annual dividend increases for Nordson, ranking it 14th among companies with the longest records of consecutive increases. The increase reflects the company's ongoing execution of its Ascend Strategy.

Nordson Corporation (Nasdaq: NDSN) will release its third-quarter fiscal year 2021 earnings on August 30, 2021, after market close. The company plans to host a quarterly webcast on August 31, 2021, at 8:30 AM ET, providing insights into its financial performance and business strategies.

Investors unable to attend can access a replay of the webcast on Nordson's website until September 7, 2021. With operations in over 35 countries, Nordson specializes in precision technologies for various critical customer applications.

Nordson Electronics Solutions has launched the MARCH MegaVIA™ Plasma Treatment System, designed for printed circuit board manufacturing. This new system features a 15-cell configuration, enhancing panel loading capacity by over 54% with only a 2% increase in footprint compared to the MARCH MaxVIA™-Plus. It ensures high process reproducibility and plasma treatment uniformity, achieving over 80% uniformity for desmear and etch back applications. The MegaVIA™ operates at 40 kHz and supports various gases, equipped with an EPC controller for efficient data management.

Nordson Corporation (Nasdaq: NDSN) announced record sales of $590 million for Q2 fiscal 2021, an 11% increase year-over-year. Key growth drivers included strong demand in electronics and consumer non-durable markets. Operating profit rose to $166 million, representing 28% of sales, with a 33% increase from the previous year. Net income improved 35% to $124 million, and diluted EPS reached $2.12. The company raised its full-year sales growth forecast to 8%-10% and EPS guidance to $7.20-$7.50.

Nordson Corporation (Nasdaq:NDSN) has declared a cash dividend of $0.39 per common share for the third quarter of fiscal year 2021. This dividend is set to be paid on June 8, 2021, to shareholders recorded by the close of business on May 25, 2021. Notably, this amount matches the dividend paid in the second quarter of the fiscal year. Nordson specializes in precision technologies for various end markets, including consumer, medical, and electronics sectors, and has a global operational presence.

Nordson Corporation (Nasdaq: NDSN) is set to release its second quarter fiscal year 2021 earnings on May 24, 2021, after market close. A quarterly webcast will follow on May 25, 2021, at 8:30 AM ET. The company specializes in engineered products for dispensing, applying, and controlling various materials used across multiple sectors, including packaging, electronics, and healthcare. Founded in 1954 and headquartered in Westlake, Ohio, Nordson operates in nearly 40 countries worldwide, underscoring its extensive global reach.

Nordson Corporation (Nasdaq: NDSN) is set to participate in two upcoming virtual investor conferences. Joseph Kelley, EVP and CFO, will present at the Oppenheimer 16th Annual Industrial Growth Conference on May 4, 2021, at 9:45 a.m. ET. Sundaram Nagarajan, CEO, will present at the Wells Fargo Industrials Conference on May 5, 2021, at 10:00 a.m. ET. Interested investors can access live webcasts through provided links and find archived replays on the Nordson investor webpage.

Nordson EFD, a leading precision fluid dispensing systems manufacturer, has launched a new 70cc syringe barrel. This product, designed for electronic applications, can hold more assembly fluids compared to smaller sizes, promoting efficiency by reducing downtime and costs for manufacturers. The new barrel features ZeroDraft™ walls for consistent dispensing results and is available in various resins for specific applications. Manufactured in the U.S. and certified for industrial use, the 70cc reservoir addresses market needs for larger fluid capacities.

Nordson Electronics Solutions is set to showcase innovative technologies at Productronica China and SEMICON China from March 17-20, 2021. The exhibits will focus on dispensing, conformal coating, selective soldering, and plasma surface treatment products, highlighting their advancements in manufacturing processes. Featured products include the ASYMTEK Panorama™ R-Line, Forte™ MAX System, and MARCH AP-1000. These developments aim to enhance efficiency and precision in electronics manufacturing, reinforcing Nordson's position as a leader in the industry.