Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through two segments, Industrial Precision Solutions (IPS) and Advanced Technology Solutions (ATS). The IPS segment provides dispensing, coating, and laminating systems for adhesives, lotions, liquids, and fibers to disposable products and roll goods; automated adhesive dispensing systems used in packaged goods industries; components and systems used in the thermoplastic melt stream; and product assembly systems for use in paper and paperboard converting applications, and manufacturing roll goods, as well as for the assembly of plastic, metal, and wood products. It also offers automated and manual dispensing products and systems to apply adhesive and sealant materials; dispensing and curing systems to coat and cure containers; systems to apply liquid paints and coatings to consumer and industrial products; and systems to apply powder paints and coatings to metal, plastic, and wood products, as well as ultraviolet equipment for use in curing and drying operations for specialty coatings, semiconductor materials, and paints. The ATS segment provides automated dispensing systems for the attachment, protection, and coating of fluids, as well as related gas plasma treatment systems for cleaning and conditioning surfaces; precision manual and semi-automated dispensers, minimally invasive interventional delivery devices, plastic molded syringes, cartridges, tips, fluid connection components, tubing, balloons, and catheters; and bond testing and automated optical, acoustic microscopy, and x-ray inspection systems for use in semiconductor and printed circuit board industries. The company markets its products through direct sales force, as well as distributors and sales representatives. Nordson Corporation was founded in 1935 and is headquartered in Westlake, Ohio.
Nordson Dividend Announcement
• Nordson announced a quarterly dividend of $0.78 per ordinary share which will be made payable on 2024-09-10. Ex dividend date: 2024-08-27
• Nordson annual dividend for 2024 was $2.14
• Nordson annual dividend for 2023 was $2.66
• Nordson's trailing twelve-month (TTM) dividend yield is 1.09%
• Nordson's payout ratio for the trailing twelve months (TTM) is 32.90%
• Nordson's dividend growth over the last five years (2018-2023) was 15.40% year
• Nordson's dividend growth over the last ten years (2013-2023) was 14.96% year
Nordson Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-27 | $0.78 | quarterly | 2024-09-10 |
2024-05-20 | $0.68 | quarterly | 2024-06-04 |
2024-02-16 | $0.68 | quarterly | 2024-03-05 |
2023-12-18 | $0.68 | quarterly | 2024-01-02 |
2023-08-21 | $0.68 | quarterly | 2023-09-05 |
2023-05-22 | $0.65 | quarterly | 2023-06-06 |
2023-02-17 | $0.65 | quarterly | 2023-03-07 |
2022-12-19 | $0.65 | quarterly | 2023-01-03 |
2022-08-22 | $0.65 | quarterly | 2022-09-06 |
2022-05-23 | $0.51 | quarterly | 2022-06-07 |
2022-02-18 | $0.51 | quarterly | 2022-03-08 |
2021-12-20 | $0.51 | quarterly | 2022-01-04 |
2021-08-23 | $0.51 | quarterly | 2021-09-07 |
2021-05-24 | $0.39 | quarterly | 2021-06-08 |
2021-02-22 | $0.39 | quarterly | 2021-03-09 |
2020-12-17 | $0.39 | quarterly | 2021-01-05 |
2020-08-24 | $0.39 | quarterly | 2020-09-08 |
2020-05-22 | $0.38 | quarterly | 2020-06-09 |
2020-02-24 | $0.38 | quarterly | 2020-03-10 |
2019-12-19 | $0.38 | quarterly | 2020-01-07 |
2019-08-26 | $0.38 | quarterly | 2019-09-10 |
2019-05-24 | $0.35 | quarterly | 2019-06-11 |
2019-02-25 | $0.35 | quarterly | 2019-03-12 |
2018-12-20 | $0.35 | quarterly | 2019-01-08 |
2018-08-20 | $0.35 | quarterly | 2018-09-04 |
2018-05-25 | $0.30 | quarterly | 2018-06-12 |
2018-02-16 | $0.30 | quarterly | 2018-03-06 |
2017-12-18 | $0.30 | quarterly | 2018-01-02 |
2017-08-18 | $0.30 | quarterly | 2017-09-05 |
2017-05-25 | $0.27 | quarterly | 2017-06-13 |
2017-02-16 | $0.27 | quarterly | 2017-03-07 |
2016-12-14 | $0.27 | quarterly | 2017-01-03 |
2016-08-19 | $0.27 | quarterly | 2016-09-06 |
2016-05-25 | $0.24 | quarterly | 2016-06-10 |
2016-02-19 | $0.24 | quarterly | 2016-03-08 |
2015-12-18 | $0.24 | quarterly | 2016-01-05 |
2015-08-21 | $0.24 | quarterly | 2015-09-08 |
2015-05-21 | $0.22 | quarterly | 2015-06-09 |
2015-02-20 | $0.22 | quarterly | 2015-03-10 |
2014-12-17 | $0.22 | quarterly | 2015-01-06 |
2014-08-22 | $0.22 | quarterly | 2014-09-09 |
2014-05-22 | $0.18 | quarterly | 2014-06-10 |
2014-02-21 | $0.18 | quarterly | 2014-03-11 |
2013-12-18 | $0.18 | quarterly | 2014-01-07 |
2013-08-23 | $0.18 | quarterly | 2013-09-10 |
2013-05-23 | $0.15 | quarterly | 2013-06-11 |
2013-02-22 | $0.15 | quarterly | 2013-03-12 |
Nordson Dividend per year
Nordson Dividend growth
Nordson Dividend Yield
Nordson current trailing twelve-month (TTM) dividend yield is 1.09%. Interested in purchasing Nordson stock? Use our calculator to estimate your expected dividend yield:
Nordson Financial Ratios
Nordson Dividend FAQ
Other factors to consider when evaluating Nordson as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Nordson's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Nordson publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Nordson distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Nordson are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Nordson sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Nordson distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nordson declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Nordson's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Nordson's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.