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Nordson Hikes Dividend By 27%

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…
byAkanksha Bakshi
August 10, 2022
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  • 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.
 
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