- 48th consecutive year of dividend increases ranks company 15th for longest running record of increases
Westlake, Ohio, USA – August 16, 2011 - Nordson Corporation (Nasdaq:NDSN) today announced that its board of directors has approved an increase in the company’s quarterly cash dividend to $0.125 per common share from $0.105, an increase of 19 percent. The dividend is payable on September 13, 2011 to shareholders of record as of the close of business on August 30, 2011.
With this increase, Nordson’s fiscal year 2011 represents its 48th consecutive year of annual dividend increases, ranking Nordson 15th among an elite group of publicly traded companies with the longest-running record of consecutive dividend increases and represents a total distribution to shareholders of approximately $8.5 million.
Nordson Corporation is one of the world’s leading producers of precision dispensing equipment that applies adhesives, sealants, coatings and other materials to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures equipment used in the testing and inspection of electronic components as well as technology-based systems for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has direct operations and sales support offices in more than 30 countries. For more information on Nordson, visit www.nordson.com or follow us at www.twitter.com/Nordson_Corp or www.facebook.com/Nordson.
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CONTACT: Nordson Corporation
James R. Jaye (Director, Communications and Investor Relations)