Nordson Corporation (NASDAQ:NDSN) to Issue Quarterly Dividend of $0.94

Nordson Corporation (NASDAQ:NDSN) announced a quarterly dividend on Thursday, August 27th. Stockholders of record on Thursday, September 10th will be paid a dividend of 0.94 per share by the industrial products company on Friday, October 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, September 10th. This is a 14.6% increase from Nordson’s previous quarterly dividend of $0.82.

Nordson has increased its dividend by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 62 consecutive years. Nordson has a payout ratio of 30.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Nordson to earn $12.73 per share next year, which means the company should continue to be able to cover its $3.28 annual dividend with an expected future payout ratio of 25.8%.

Nordson Price Performance

Shares of NASDAQ:NDSN traded down $3.74 during midday trading on Thursday, hitting $330.84. The company’s stock had a trading volume of 275,284 shares, compared to its average volume of 397,379. The company has a market cap of $18.43 billion, a P/E ratio of 33.45, a price-to-earnings-growth ratio of 2.17 and a beta of 0.96. Nordson has a 12-month low of $220.06 and a 12-month high of $339.12. The business’s 50 day simple moving average is $301.37 and its 200 day simple moving average is $288.24. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.82.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.16. The company had revenue of $817.67 million during the quarter, compared to analysts’ expectations of $779.49 million. Nordson had a net margin of 18.63% and a return on equity of 20.49%. Nordson’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, analysts forecast that Nordson will post 11.83 EPS for the current year.

About Nordson

Nordson Corporation designs, manufactures and markets precision dispensing equipment and systems that apply adhesives, coatings, sealants and polymers in a broad range of industrial and medical applications. The company’s portfolio spans fluid systems, curing and surface preparation technologies, vacuum and thermal management products, and advanced test and inspection solutions. Nordson’s offerings serve critical manufacturing processes by delivering exacting dispensing accuracy and process control to ensure consistent product performance and high production throughput.

Nordson operates through multiple segments that cater to diverse markets including electronics, packaging, medical, energy, automotive and general industrial sectors.