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Northern Technologies International Corporation Announces Quarterly Cash Dividend

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Northern Technologies International Corporation (NTIC) declared a quarterly cash dividend of $0.07 per share, payable on February 14, 2024, to shareholders of record at the close of business on January 31, 2024.
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MINNEAPOLIS, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today announced that the Board of Directors declared a quarterly cash dividend of $0.07 per share payable on February 14, 2024, to shareholders of record at the close of business on January 31, 2024.

About Northern Technologies International Corporation
Northern Technologies International Corporation develops and markets proprietary, environmentally beneficial products and services in over 65 countries either directly or via a network of subsidiaries, joint ventures, independent distributors and agents. NTIC’s primary business is corrosion prevention marketed mainly under the ZERUST® brand. NTIC has been selling its proprietary ZERUST® rust and corrosion inhibiting products and services to the automotive, electronics, electrical, mechanical, military and retail consumer markets for almost 50 years and more recently has also targeted and expanded into the oil and gas industry. NTIC offers worldwide on-site technical consulting for rust and corrosion prevention issues. NTIC’s technical service consultants work directly with the end users of NTIC’s products to analyze their specific needs and develop systems to meet their technical requirements. NTIC also markets and sells a portfolio of bio-based and biodegradable polymer resin compounds and finished products marketed under the Natur-Tec® brand.

Investor and Media Contact:
Matthew Wolsfeld, CFO
NTIC
(763) 225-6600


FAQ

What is the dividend amount declared by Northern Technologies International Corporation (NTIC)?

The Board of Directors declared a quarterly cash dividend of $0.07 per share.

When will the dividend be payable to shareholders of Northern Technologies International Corporation (NTIC)?

The dividend will be payable on February 14, 2024.

Who are eligible to receive the dividend from Northern Technologies International Corporation (NTIC)?

Shareholders of record at the close of business on January 31, 2024, are eligible to receive the dividend.

Northern Technologies International Corp.

NASDAQ:NTIC

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168.28M
7.79M
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0.24%
Plastics Material and Resin Manufacturing
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United States of America
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About NTIC

northern technologies international corporation is in the business of converting unique environmentally beneficial material science into value added products and services for industrial and consumer applications. our business model of commercializing clean and green technologies in niche markets depends heavily on the talents, perseverance and integrity of both our employees and our worldwide federation of joint venture partners. northern technologies international corporation was founded in 1970 in lino lakes, minnesota with its primary business in oil analyzer instruments (then known as northern instruments, inc.). in 1993, northern instruments changed its corporate name by merging into a wholly owned subsidiary, northern technologies international corporation. the company has since grown out of the oil analyzer instrument business and into a global provider of corrosion inhibiting products and corrosion control management services with sales and technical support reach in more than