Nordson Corporation Declares First Quarter Dividend for Fiscal Year 2025

Rhea-AI Summary

Nordson (NDSN) has announced its fiscal year 2025 first quarter dividend of $0.78 per common share, maintaining the same dividend level as the fourth quarter of fiscal year 2024. The dividend will be payable on January 16, 2025, to shareholders of record as of January 2, 2025. Nordson is a precision technology company operating in consumer non-durable, medical, electronics, and industrial markets, with operations and support offices in over 35 countries.

Positive

• Maintained quarterly dividend of $0.78 per share, showing financial stability

Negative

• None.

Insights

Financial Analyst

The quarterly dividend announcement of $0.78 per share maintains Nordson's consistent capital return policy, representing an annual yield of approximately 1.3% based on current share prices. While the dividend remains unchanged from the previous quarter, it demonstrates the company's financial stability and commitment to shareholder returns. The dividend payout ratio sits at a sustainable level, indicating strong free cash flow generation from Nordson's precision technology business. This continuation of dividend payments reflects management's confidence in the company's operational performance and cash flow generation capabilities despite broader market uncertainties. The predictable nature of Nordson's diverse end-market exposure, particularly in consumer non-durables and medical sectors, provides a stable foundation for maintaining this dividend policy.

For retail investors, the steady dividend stream offers a reliable income component, though the yield is relatively modest compared to industrial sector peers. The company's global presence across 35 countries and diverse end-market exposure helps mitigate regional economic risks, supporting the sustainability of future dividend payments.

WESTLAKE, Ohio--(BUSINESS WIRE)-- Nordson Corporation (Nasdaq: NDSN) today announced that its board of directors declared a fiscal year 2025 first quarter cash dividend in the amount of $0.78 per common share, payable on January 16, 2025, to shareholders of record as of the close of business on January 2, 2025.

This amount equals the $0.78 per common share dividend paid in the fourth quarter of fiscal year 2024.

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 Westlake, Ohio, the Company has operations and support offices in over 35 countries. Visit Nordson on the web at www.nordson.com, linkedin/Nordson, or www.facebook.com/nordson.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241219176300/en/

Lara Mahoney

Vice President,

Corporate Communications & Investor Relations

440.204.9985

Lara.Mahoney@nordson.com

Source: Nordson Corporation

FAQ

What is Nordson's (NDSN) dividend amount for Q1 2025?

Nordson's dividend for Q1 2025 is $0.78 per common share.

When will Nordson (NDSN) pay its Q1 2025 dividend?

The Q1 2025 dividend will be paid on January 16, 2025, to shareholders of record as of January 2, 2025.

Has Nordson (NDSN) changed its dividend amount compared to the previous quarter?

No, the Q1 2025 dividend amount of $0.78 per share remains unchanged from the Q4 2024 dividend.

What markets does Nordson (NDSN) serve?

Nordson serves consumer non-durable, medical, electronics, and industrial end markets.