Nordson Corporation (NDSN) To Go Ex-Dividend on September 10th

Nordson Corporation (NASDAQ:NDSN) announced a quarterly dividend on Thursday, August 27th. Shareholders of record on Thursday, September 10th will be given a dividend of 0.94 per share by the industrial products company on Friday, October 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, September 10th. This is a 14.6% increase from Nordson’s previous quarterly dividend of $0.82.

Nordson has increased its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 62 years. Nordson has a payout ratio of 35.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Nordson to earn $12.73 per share next year, which means the company should continue to be able to cover its $3.76 annual dividend with an expected future payout ratio of 29.5%.

Nordson Price Performance

NASDAQ NDSN opened at $318.36 on Tuesday. The company has a 50-day moving average price of $304.97 and a 200-day moving average price of $289.67. Nordson has a 52 week low of $220.47 and a 52 week high of $339.12. The company has a quick ratio of 1.18, a current ratio of 1.82 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $17.73 billion, a P/E ratio of 32.19, a PEG ratio of 2.07 and a beta of 0.97.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.16. The company had revenue of $817.67 million during the quarter, compared to analyst estimates of $779.49 million. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period in the previous year, the business posted $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Equities research analysts anticipate that Nordson will post 11.83 earnings per share for the current year.

About Nordson

Nordson Corporation designs, manufactures and markets precision dispensing equipment and systems that apply adhesives, coatings, sealants and polymers in a broad range of industrial and medical applications. The company’s portfolio spans fluid systems, curing and surface preparation technologies, vacuum and thermal management products, and advanced test and inspection solutions. Nordson’s offerings serve critical manufacturing processes by delivering exacting dispensing accuracy and process control to ensure consistent product performance and high production throughput.

Nordson operates through multiple segments that cater to diverse markets including electronics, packaging, medical, energy, automotive and general industrial sectors.