Nordson Corporation

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NASDAQ $124.66   +1.78

Nordson Corporation Board of Directors Increases Dividend 11 Percent Marking 54 Consecutive Years of Annual Dividend Increases

11 Aug 2017

Company ranks 14th among publicly traded companies for longest running record of annual dividend increases

Westlake, Ohio, USA – August 11, 2017 -  Nordson Corporation (Nasdaq:NDSN) today announced that its Board of Directors has approved an increase in the company’s quarterly cash dividend to $0.30 per common share from $0.27, an increase of 11 percent.  The dividend is payable on September 5, 2017 to shareholders of record as of the close of business on August 22, 2017 and represents a total distribution to shareholders of approximately $17.3 million.

 

With this increase, Nordson’s fiscal year 2017 represents its 54th consecutive year of annual dividend increases, ranking Nordson 14th among an elite group of publicly traded companies with the longest-running record of consecutive dividend increases.

 

Nordson Corporation engineers, manufactures and markets differentiated products and systems used to dispense, apply and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces.  These products are supported by application expertise and direct global sales and service.  Nordson serves a wide variety of consumer non-durable, durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, construction, and general product assembly and finishing.  Founded in 1954 and headquartered in Westlake, Ohio, the company has operations and support offices in more than 30 countries.  Visit Nordson on the web at http://www.nordson.com, @Nordson_Corp, or www.facebook.com/nordson.

 

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CONTACT:
Nordson Corporation
James R. Jaye (Senior Director, Communications and Investor Relations)
440.414.5639
Jim.Jaye@nordson.com