Northern Technologies International Corporation Announces Third Quarter 2021 Cash Dividend
Northern Technologies International Corporation (NASDAQ: NTIC) announced a quarterly cash dividend of $0.065 per share, payable on August 18, 2021, to shareholders on record as of August 4, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Northern Technologies International Corporation (NASDAQ: NTIC) announced a quarterly cash dividend of $0.065 per share, payable on August 18, 2021, to shareholders on record as of August 4, 2021. NTIC specializes in corrosion prevention products, primarily under the ZERUST® brand, serving various industries for over 40 years. The company also produces bio-based and biodegradable polymer resins marketed under the Natur-Tec® brand, expanding its reach into more than 60 countries.
Positive
- Declaration of a dividend payment of $0.065 per share.
- Strong focus on environmentally beneficial products.
- Over 40 years of experience in corrosion prevention.
Negative
- None.
Details
News Market Reaction – NTIC
The recorded move for NTIC in the trading session of this news was +1.16%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MINNEAPOLIS, July 21, 2021 (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
About Northern Technologies International Corporation
Northern Technologies International Corporation develops and markets proprietary environmentally beneficial products and services in over 60 countries either directly or via a network of subsidiaries, joint ventures, independent distributors and agents. NTIC’s primary business is corrosion prevention marketed primarily 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 over 40 years and in recent years has 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 resins and finished products marketed under the Natur-Tec® brand.
Investor and Media Contact:
Matthew Wolsfeld, CFO
NTIC
(763) 225-6600
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.