Nordson Corporation Declares Second Quarter Dividend for Fiscal Year 2023

Rhea-AI Summary

Nordson Corporation (NASDAQ: NDSN) has declared a cash dividend of $0.65 per common share for the second quarter of fiscal year 2023. The dividend is payable on March 7, 2023, to shareholders of record by February 21, 2023. This payout matches the $0.65 dividend from the first quarter of the fiscal year. Nordson is known for its innovative precision technology, serving global customers across diverse markets including consumer non-durable, medical, electronics, and industrial sectors. Headquartered in Westlake, Ohio, Nordson operates in over 35 countries.

Positive

• Dividend remains consistent at $0.65 per share, indicating stable earnings.
• Strong market presence with operations in over 35 countries.
• Diverse end market exposure enhances revenue stability.

Negative

• None.

WESTLAKE, Ohio--(BUSINESS WIRE)-- Nordson Corporation (Nasdaq: NDSN) today announced that its board of directors declared a fiscal year 2023 second quarter cash dividend in the amount of $0.65 per common share, payable on March 7, 2023 to shareholders of record as of the close of business on February 21, 2023.

This amount equals the $0.65 per common share dividend paid in the first quarter of fiscal year 2023.

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, www.twitter.com/Nordson_Corp or www.facebook.com/nordson.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230207005741/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 Q2 2023?

Nordson Corporation declared a cash dividend of $0.65 per common share for the second quarter of fiscal year 2023.

When will the Q2 2023 dividend be payable to shareholders?

The Q2 2023 dividend will be payable on March 7, 2023.

What is the record date for Nordson's Q2 2023 dividend?

The record date for Nordson's Q2 2023 dividend is February 21, 2023.

How does Nordson's Q2 dividend compare to the previous quarter?

The Q2 dividend of $0.65 per share is the same as the dividend paid in the first quarter of fiscal year 2023.

In which markets does Nordson operate?

Nordson operates in various markets including consumer non-durable, medical, electronics, and industrial sectors.