NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $108.33 as of 9:32 a.m. ET, the dividend yield is 0.9%.
The average volume for Nordson has been 183,100 shares per day over the past 30 days. Nordson has a market cap of $3.3 billion and is part of the
industry. Shares are up 18.1% year to date as of the close of trading on Wednesday.
Nordson Corporation manufactures equipment used for precision dispensing, testing and inspection, and surface preparation and curing. The company has a P/E ratio of 19.6, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 22.7.
TheStreet Ratings rates Nordson as buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full