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Northern Technologies International Corporation Announces Quarterly Cash Dividend

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Northern Technologies International Corporation declares quarterly cash dividend of $0.07 per share
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  • The declaration of a quarterly cash dividend of $0.07 per share could positively affect the stock price as it indicates a commitment to returning value to shareholders.
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MINNEAPOLIS, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today announced that the Board of Directors declared a quarterly cash dividend of $0.07 per share payable on November 15, 2023, to shareholders of record at the close of business on November 1, 2023.

About Northern Technologies International Corporation 
Northern Technologies International Corporation develops and markets proprietary, environmentally beneficial products and services in over 65 countries either directly or via a network of subsidiaries, joint ventures, independent distributors and agents. NTIC’s primary business is corrosion prevention marketed mainly under the ZERUST® brand. NTIC has been selling its proprietary ZERUST® rust and corrosion inhibiting products and services to the automotive, electronics, electrical, mechanical, military and retail consumer markets for almost 50 years and more recently has also targeted and expanded into the oil and gas industry. NTIC offers worldwide on-site technical consulting for rust and corrosion prevention issues. NTIC’s technical service consultants work directly with the end users of NTIC’s products to analyze their specific needs and develop systems to meet their technical requirements. NTIC also markets and sells a portfolio of bio-based and biodegradable polymer resin compounds and finished products marketed under the Natur-Tec® brand.

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Investor and Media Contact:
Matthew Wolsfeld, CFO
NTIC
(763) 225-6600


FAQ

What is the quarterly cash dividend declared by Northern Technologies International Corporation?

The quarterly cash dividend declared by Northern Technologies International Corporation is $0.07 per share.

When will the dividend be payable?

The dividend will be payable on November 15, 2023.

Who will receive the dividend?

Shareholders of record at the close of business on November 1, 2023, will receive the dividend.

What does the declaration of a cash dividend indicate?

The declaration of a cash dividend indicates a commitment to returning value to shareholders.

Northern Technologies International Corp.

NASDAQ:NTIC

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