Nordson Corporation today announced that its Board of Directors 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. The dividend is payable on September 9, 2014 to shareholders of record as of the close of business on August 26, 2014 and represents a total distribution to shareholders of approximately $13.9 million.
With this increase, Nordson s fiscal year 2014 represents its 51st consecutive year of annual dividend increases, ranking Nordson 15th among an elite group of publicly traded companies with the longest-running record of consecutive 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.