Nordson Corporation Board of Directors Increases Dividend 11 Percent Marking 54 Consecutive Years of Annual Dividend Increases
August 11 2017 - 9:00AM
Business Wire
- Company ranks 14th among publicly
traded companies for longest running record of annual dividend
increases
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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version on businesswire.com: http://www.businesswire.com/news/home/20170811005216/en/
Nordson CorporationJames R. Jaye, 440-414-5639Sr. Director,
Communications & Investor RelationsJim.Jaye@nordson.com
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