Nordson Corporation (Nasdaq:NDSN) today announced that its board of directors has approved an increase in the company’s quarterly cash dividend to $0.15 per common share from $0.125, an increase of 20 percent. The dividend is payable on September 11, 2012 to shareholders of record as of the close of business on August 28, 2012.
With this increase, Nordson’s fiscal year 2012 represents its 49 th consecutive year of annual dividend increases, ranking Nordson 15 th among an elite group of publicly traded companies with the longest-running record of consecutive dividend increases and represents a total distribution to shareholders of approximately $9.6 million.
Nordson Corporation delivers precision technology solutions that help customers increase throughput, productivity and up-time, enable new products and features, and decrease material usage. The company engineers, manufactures and markets differentiated products and systems used for dispensing adhesives, coatings, sealants, biomaterials and other materials, fluid management, test and inspection, UV curing and plasma surface treatment, all 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 www.nordson.com, www.twitter.com/Nordson_Corp or www.facebook.com/nordson.