Nordson Corporation Board of Directors Increases Dividend 3 Percent

Reading time ( words)

Nordson Corporation announced that its Board of Directors has approved an increase in the company’s quarterly cash dividend to $0.39 per common share from $0.38, an increase of 3 percent.  The dividend is payable on September 8, 2020 to shareholders of record as of the close of business on August 25, 2020.

With this increase, Nordson’s fiscal year 2020 represents its 57th 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.

“Even in this dynamic macroeconomic environment, Nordson remains confident in the strong cash flows generated by the business and committed to rewarding shareholders with a consistently increasing dividend payment. For 57 consecutive years, the company has taken pride in returning a portion of our cash flow to our shareholders,” said Joseph Kelley, executive vice president and chief financial officer.



Suggested Items

Real Time with...SMTAI 2020: The Latest in Test and Inspection From MIRTEC

09/25/2020 | Real Time with...SMTAI
Brian D’Amico, president of MIRTEC, shares an SMTAI 2020 update with Nolan Johnson. They discuss what visitors can expect to find at MIRTEC’s virtual booth, the current business environment for test and inspection equipment, and how the company has adapted their demonstration and evaluation processes to fit in inside current COVID-19 business protocols.

Catching up With Cabletree’s Thomas Chang

09/23/2020 | Dan Beaulieu, D.B. Management Group
Dan Beaulieu has always been interested in exploring the wire harness and cable areas business, so he jumped at the chance to talk with Thomas Chang, the president and owner of Cabletree. Here, they discuss the cable assembly segment and how Cabletree serves EMS companies.

Coping With COVID-19: Niche Electronics’ Frank Bowman

08/12/2020 | Dan Beaulieu, D.B. Management Group
How are companies coping with COVID-19? In the first of a series of short interviews, Dan Beaulieu asks Frank Bowman, president of both Niche Electronics and QCMS, how he's managing during the pandemic.

Copyright © 2020 I-Connect007. All rights reserved.