Nordson Hikes Dividend By 27%

August 10, 2022 12:35 PM | 1 min read |

Nordson Corp's 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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