Northern Technologies International Corporation Announces Quarterly Cash Dividend
April 21 2023 - 8:36AM
Northern Technologies International Corporation (NASDAQ: NTIC), a
leading developer of corrosion inhibiting products and services, as
well as bio-based and biodegradable polymer resin compounds, today
announced that the Board of Directors declared a quarterly cash
dividend of $0.07 per share payable on May 17, 2023, to
shareholders of record at the close of business on May 3, 2023.
About Northern Technologies International
Corporation
Northern Technologies International Corporation
develops and markets proprietary, environmentally beneficial
products and services in over 65 countries either directly or via a
network of subsidiaries, joint ventures, independent distributors
and agents. NTIC’s primary business is corrosion prevention
marketed mainly under the ZERUST® brand. NTIC has been selling
its proprietary ZERUST® rust and corrosion inhibiting products
and services to the automotive, electronics, electrical,
mechanical, military and retail consumer markets for almost 50
years and more recently has also targeted and expanded into the oil
and gas industry. NTIC offers worldwide on-site technical
consulting for rust and corrosion prevention issues. NTIC’s
technical service consultants work directly with the end users of
NTIC’s products to analyze their specific needs and develop systems
to meet their technical requirements. NTIC also markets and sells a
portfolio of bio-based and biodegradable polymer resin compounds
and finished products marketed under the Natur-Tec® brand.
Investor and Media Contacts:Matthew Wolsfeld,
CFONTIC(763) 225-6600
Northern Technologies (NASDAQ:NTIC)
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