WESTLAKE, Ohio--(BUSINESS WIRE)--Nordson Corporation (Nasdaq:NDSN) today announced that its Board of Directors has approved an increase in the company’s quarterly cash dividend to $0.24 per common share from $0.22, an increase of 9 percent. The dividend is payable on September 8, 2015 to shareholders of record as of the close of business on August 25, 2015 and represents a total distribution to shareholders of approximately $14.4 million.
With this increase, Nordson’s fiscal year 2015 represents its 52nd consecutive year of annual dividend increases, ranking Nordson 14th among an elite group of publicly traded companies with the longest-running record of consecutive dividend increases.
Nordson Corporation engineers, manufactures and markets differentiated products and systems used for the precision dispensing of adhesives, coatings, sealants, biomaterials, polymers, plastics and other materials, fluid management, test and inspection, UV curing and plasma surface treatment, all supported by application expertise and direct global sales and service. Nordson serves a wide variety of consumer non-durable, durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, construction, and general product assembly and finishing. Founded in 1954 and headquartered in Westlake, Ohio, the company has operations and support offices in more than 30 countries. Visit Nordson on the web at http://www.nordson.com, @Nordson_Corp, or www.facebook.com/nordson.
