NEW YORK (
) -- The ex-dividend date for
) is tomorrow, August 26, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $40.41 as of 9:30 a.m. ET, the dividend yield is 1.2%.
The average volume for Nordson has been 677,400 shares per day over the past 30 days. Nordson has a market cap of $2.7 billion and is part of the
industry. Shares are down 11.7% 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 12.4, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Nordson as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full