Nordson Corporation Board of Directors Increases Dividend 17 Percent Marking 55 Consecutive Years of Annual Dividend Increases
WESTLAKE, Ohio--(BUSINESS WIRE)--Aug 10, 2018--Nordson Corporation (Nasdaq:NDSN) today announced that its Board of Directors has approved an increase in the company’s quarterly cash dividend to $0.35 per common share from $0.30, an increase of 17 percent. The dividend is payable on September 4, 2018 to shareholders of record as of the close of business on August 21, 2018.
With this increase, Nordson’s fiscal year 2018 represents its 55th consecutive year of annual dividend increases, ranking Nordson 14 th 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
Lara Mahoney, 440-414-5639
Vice President, Corporate Communications & Investor Relations
KEYWORD: UNITED STATES NORTH AMERICA OHIO
INDUSTRY KEYWORD: TECHNOLOGY ELECTRONIC DESIGN AUTOMATION OTHER TECHNOLOGY SEMICONDUCTOR MANUFACTURING ENGINEERING PACKAGING
SOURCE: Nordson Corporation
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PUB: 08/10/2018 08:30 AM/DISC: 08/10/2018 08:30 AM