- Nordson Corp’s (NASDAQ:NDSN) Board has approved a 27% increase in quarterly cash dividend to $0.65 from $0.51 per share.
- The dividend is payable on 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.
- “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,” commented CFO Joseph Kelley.
- Price Action: NDSN shares are trading higher by 2.66% at $236.36 on the last check Wednesday.
Gold Rises Over 1%; Recursion Pharmaceuticals Shares Spike Higher
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining over 100 points on Wednesday.
The Dow traded up 0.33% to 34,374.56 while the NASDAQ rose 1.21% to 13,926.89. The S&P 500, also rose, gaining, 0.82% to 4,475.79.
