NEW YORK (
) -- The ex-dividend date for
) is tomorrow, May 24, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $53.44 as of 10:05 a.m. ET, the dividend yield is 1%.
The average volume for Nordson has been 293,500 shares per day over the past 30 days. Nordson has a market cap of $3.17 billion and is part of the
industry. Shares are up 29.4% year to date as of the close of trading on Tuesday.
Nordson Corporation engineers, manufactures, and markets products and systems for precision dispensing, testing and inspection, fluid management, surface treatment, and curing. The company has a P/E ratio of 15.8, above the average industrial industry P/E ratio of 15.5 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 and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full