Nordson Corporation Board of Directors Increases Dividend 15 Percent, Marking 61 Consecutive Years of Annual Dividend Increases
Nordson (NDSN) has announced a 15% increase in its quarterly cash dividend, raising it to $0.78 per common share from $0.68. This marks the company's 61st consecutive year of annual dividend increases, placing it among an elite group of companies with the longest-running record of consecutive dividend increases. The dividend is payable on September 10, 2024, to shareholders of record as of August 27, 2024.
Nordson's CFO, Daniel Hopgood, highlighted the company's focus on customer satisfaction, innovation, and differentiation, combined with its Ascend strategy, as key factors in generating consistent cash flows and enabling shareholder value return. Nordson is an innovative precision technology company serving diverse end markets, including consumer non-durable, medical, electronics, and industrial sectors.
Nordson (NDSN) ha annunciato un incremento del 15% del suo dividendo in contante trimestrale, portandolo a $0.78 per azione comune rispetto ai $0.68 precedenti. Questo segna il 61° anno consecutivo di aumenti annuali dei dividendi, collocando l'azienda tra un'élite di compagnie con il più lungo record di aumenti consecutivi dei dividendi. Il dividendo sarà corrisposto il 10 settembre 2024 agli azionisti registrati al 27 agosto 2024.
Il CFO di Nordson, Daniel Hopgood, ha sottolineato l'attenzione dell'azienda verso la soddisfazione dei clienti, l'innovazione e la differenziazione, insieme alla sua strategia Ascend, come fattori chiave nella generazione di flussi di cassa consistenti e nel ritorno di valore per gli azionisti. Nordson è un'azienda tecnologica innovativa nel settore della precisione che serve diversi mercati finali, inclusi i settori dei beni di consumo non durevoli, medico, elettronico e industriale.
Nordson (NDSN) ha anunciado un incremento del 15% en su dividendo en efectivo trimestral, elevándolo a $0.78 por acción común desde $0.68. Esto marca el 61.er año consecutivo de aumentos anuales de dividendos, colocándola entre un grupo selecto de empresas con el historial más largo de aumentos de dividendos consecutivos. El dividendo se pagará el 10 de septiembre de 2024 a los accionistas registrados hasta el 27 de agosto de 2024.
El CFO de Nordson, Daniel Hopgood, destacó el enfoque de la empresa en la satisfacción del cliente, la innovación y la diferenciación, combinados con su estrategia Ascend, como factores clave para generar flujos de efectivo consistentes y permitir el retorno de valor a los accionistas. Nordson es una empresa de tecnología de precisión innovadora que atiende a diversos mercados finales, incluidos los sectores de consumo no duradero, médico, electrónico e industrial.
Nordson (NDSN)은 분기 현금 배당금을 15% 인상하여 공유당 $0.78로, 이전의 $0.68에서 올랐다고 발표했습니다. 이는 회사의 61번째 연속 연도 배당금 인상을 의미하며, 연속 배당금 인상 기록이 가장 긴 엘리트 기업 그룹 중 하나로 자리잡고 있습니다. 배당금은 2024년 9월 10일에 지급되며, 2024년 8월 27일 현재 주주에게 지급됩니다.
Nordson의 CFO인 Daniel Hopgood는 고객 만족, 혁신, 차별화에 대한 회사의 집중과 Ascend 전략이 일관된 현금 흐름을 생성하고 주주 가치를 반환하는 핵심 요소라고 강조했습니다. Nordson은 소비재 비내구품, 의료, 전자 및 산업 부문을 포함한 다양한 최종 시장을 대상으로 하는 혁신적인 정밀 기술 회사입니다.
Nordson (NDSN) a annoncé une augmentation de 15% de son dividende trimestriel en espèces, le portant à 0,78 $ par action ordinaire contre 0,68 $. Cela marque la 61e année consécutive d'augmentations annuelles des dividendes, plaçant l'entreprise parmi un groupe élite d'entreprises avec le plus long historique d'augmentations de dividendes consécutives. Le dividende sera versé le 10 septembre 2024 aux actionnaires enregistrés au 27 août 2024.
Le CFO de Nordson, Daniel Hopgood, a souligné l'accent mis par l'entreprise sur la satisfaction des clients, l'innovation et la différenciation, combiné à sa stratégie Ascend, en tant que facteurs clés pour générer des flux de trésorerie constants et permettre un retour de valeur aux actionnaires. Nordson est une entreprise innovante de technologie de précision servant divers marchés finaux, y compris les secteurs des biens de consommation non durables, médical, électronique et industriel.
Nordson (NDSN) hat eine 15%-Erhöhung seiner quartalsweisen Barausschüttung angekündigt, die auf 0,78 $ pro Stammaktie von 0,68 $ angehoben wird. Dies markiert das 61. Jahr in Folge, in dem das Unternehmen seine Dividenden jährlich erhöht, wodurch es zu einer Elitegruppe von Unternehmen zählt, die die längsten Rekorde an jährlich steigenden Dividenden aufweisen. Die Dividende ist am 10. September 2024 für Aktionäre zahlbar, die bis zum 27. August 2024 registriert sind.
Der CFO von Nordson, Daniel Hopgood, hob den Fokus des Unternehmens auf Kundenzufriedenheit, Innovation und Differenzierung hervor, zusammen mit seiner Ascend-Strategie, die entscheidende Faktoren für die Generierung konsistenter Cashflows und die Rückführung von Anlegerwert darstellen. Nordson ist ein innovatives Unternehmen für Präzisionstechnologie, das verschiedene Endmärkte bedient, darunter Konsumgüter, Medizin, Elektronik und Industrie.
- 15% increase in quarterly cash dividend to $0.78 per share
- 61 consecutive years of annual dividend increases
- Consistent cash flow generation throughout business cycles
- Balanced capital deployment strategy
- Diverse end market exposure reducing business risk
- None.
Insights
Nordson's 15% dividend increase is a significant move, showcasing the company's financial strength and commitment to shareholder returns. With 61 consecutive years of dividend growth, Nordson joins an elite group of dividend aristocrats, which typically attracts income-focused investors. The new quarterly dividend of
This consistent dividend growth, coupled with Nordson's focus on precision technology and diverse end markets, suggests a robust and resilient business model. The company's ability to maintain this streak through various economic cycles indicates strong cash flow generation and prudent capital management. However, investors should also consider the payout ratio and whether this dividend growth is sustainable in the long term, especially in light of potential economic headwinds.
Nordson's dividend increase signals confidence in its Ascend strategy and overall business outlook. The company's exposure to diverse sectors like consumer non-durables, medical, electronics and industrial markets provides a hedge against sector-specific downturns. This diversification, combined with a direct sales model and focus on applications expertise, positions Nordson well in the precision technology space.
The emphasis on being a "high quality growth compounder" suggests a strategy aimed at consistent, long-term value creation. This approach, along with the company's global presence in over 35 countries, indicates potential for sustained growth. However, investors should monitor how geopolitical tensions and supply chain issues might impact Nordson's international operations and growth trajectory in the near term.
This increase represents Nordson’s 61st consecutive year of annual dividend increases, ranking it among an elite group of publicly traded companies with the longest-running record of consecutive dividend increases.
“As a high quality growth compounder, Nordson has a long and rich history of profitability and cash flow, supporting 61 consecutive years of paying and increasing annual cash dividends to our shareholders,” said Daniel Hopgood, executive vice president and chief financial officer. “Our focus on the customer, innovation and differentiation, combined with the Ascend strategy, generates consistent cash flows throughout the cycle and allows us to return value to our shareholders as part of our balanced capital deployment strategy.”
Nordson Corporation is an innovative precision technology company that leverages a scalable growth framework through an entrepreneurial, division-led organization to deliver top tier growth with leading margins and returns. The Company’s direct sales model and applications expertise serves global customers through a wide variety of critical applications. Its diverse end market exposure includes consumer non-durable, medical, electronics and industrial end markets. Founded in 1954 and headquartered in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240813846003/en/
Lara Mahoney
Vice President,
Corporate Communications & Investor Relations
440.204.9985
Lara.Mahoney@nordson.com
Source: Nordson Corporation
FAQ
What is Nordson's new quarterly dividend amount for 2024?
When will Nordson (NDSN) pay its next dividend?
How many consecutive years has Nordson (NDSN) increased its annual dividend?
What is Nordson's (NDSN) dividend policy?
