Nordson increases dividend for 51st consecutive year

Dividend Aristocrat Nordson has approved an increase in the company's quarterly cash dividend to $0.22 per common share from $0.18, an increase of 22 percent.
It's Nordson's 51st consecutive year of annual dividend increases.

Nordson Corporation delivers precision technology solutions that help customers succeed worldwide. The company engineers, manufactures and markets differentiated products and systems used for precision dispensing of adhesives, coatings, sealants, biomaterials, fluids and other materials, plastic extrusion and injection molding, electronics testing and inspecting, and surface preparation, 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.

The indicated dividend yield for Nordson is 1.1% based on the current stock price of $77.

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