Nordson Corporation Declares First Quarter Dividend for Fiscal Year 2022

Rhea-AI Summary

Nordson Corporation (NASDAQ:NDSN) declared a cash dividend of $0.51 per common share for Q1 fiscal year 2022, payable on January 4, 2022. This dividend matches the $0.51 paid in Q4 of FY 2021. The announcement reflects Nordson's commitment to returning value to shareholders while maintaining strong financial performance.

The company operates globally in over 35 countries, focusing on precision technology across diverse end markets such as consumer non-durable, medical, electronics, and industrial sectors.

Positive

• Dividends remain consistent at $0.51 per share, indicating stable financial health.
• Nordson's strong market presence across multiple sectors enhances growth potential.

Negative

• None.

WESTLAKE, Ohio--(BUSINESS WIRE)-- Nordson Corporation (Nasdaq:NDSN) today announced that its board of directors declared a fiscal year 2022 first quarter cash dividend in the amount of $0.51 per common share, payable on January 4, 2022 to shareholders of record as of the close of business on December 21, 2021.

This amount equals the $0.51 per common share dividend paid in the fourth quarter of fiscal year 2021.

Nordson Corporation is an innovative precision technology company that leverages a scalable growth framework 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, www.twitter.com/Nordson_Corp or www.facebook.com/nordson.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211208005053/en/

Lara Mahoney

Vice President, Corporate Communications & Investor Relations

440.204.9985

Lara.Mahoney@nordson.com

Source: Nordson Corporation

FAQ

What is the dividend amount declared by Nordson Corporation for Q1 FY 2022?

Nordson Corporation declared a cash dividend of $0.51 per common share for Q1 FY 2022.

When will Nordson's dividend be paid to shareholders?

The dividend will be paid on January 4, 2022, to shareholders of record as of December 21, 2021.

What was the dividend per share for Nordson in the previous quarter?

The dividend for the fourth quarter of FY 2021 was also $0.51 per share.

How does Nordson's market exposure affect its performance?

Nordson's diverse market exposure across sectors like consumer non-durable, medical, and electronics supports robust growth opportunities.