Nordson Corporation (NASDAQ:NDSN) Announces Quarterly Dividend of $0.82

Nordson Corporation (NASDAQ:NDSNGet Free Report) declared a quarterly dividend on Tuesday, March 3rd. Stockholders of record on Thursday, March 19th will be given a dividend of 0.82 per share by the industrial products company on Friday, April 3rd. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, March 19th.

Nordson has raised its dividend by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 62 consecutive years. Nordson has a dividend payout ratio of 30.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Nordson to earn $10.89 per share next year, which means the company should continue to be able to cover its $3.28 annual dividend with an expected future payout ratio of 30.1%.

Nordson Trading Up 0.4%

NDSN opened at $268.71 on Tuesday. Nordson has a 52 week low of $165.03 and a 52 week high of $305.28. The company has a quick ratio of 1.74, a current ratio of 2.72 and a debt-to-equity ratio of 0.63. The business has a fifty day simple moving average of $279.05 and a 200-day simple moving average of $249.10. The firm has a market cap of $14.99 billion, a P/E ratio of 29.02, a P/E/G ratio of 1.81 and a beta of 0.98.

Nordson (NASDAQ:NDSNGet Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.01. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The firm had revenue of $669.46 million for the quarter, compared to the consensus estimate of $652.68 million. During the same quarter in the previous year, the business earned $2.06 EPS. The company’s quarterly revenue was up 8.8% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. On average, equities analysts expect that Nordson will post 10.2 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Sundaram Nagarajan sold 41,800 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total value of $12,258,268.00. Following the sale, the chief executive officer owned 64,824 shares of the company’s stock, valued at $19,010,286.24. This trade represents a 39.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Joseph P. Kelley sold 8,725 shares of Nordson stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $293.04, for a total transaction of $2,556,774.00. Following the completion of the transaction, the executive vice president owned 7,268 shares of the company’s stock, valued at $2,129,814.72. This represents a 54.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 73,577 shares of company stock worth $21,484,216 over the last 90 days. Insiders own 0.84% of the company’s stock.

Institutional Investors Weigh In On Nordson

Several institutional investors have recently modified their holdings of NDSN. Private Trust Co. NA raised its stake in Nordson by 70.8% in the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after buying an additional 51 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Nordson during the 2nd quarter worth about $31,000. Quent Capital LLC purchased a new position in shares of Nordson in the 3rd quarter valued at about $32,000. MUFG Securities EMEA plc purchased a new position in shares of Nordson in the 2nd quarter valued at about $34,000. Finally, Root Financial Partners LLC acquired a new stake in shares of Nordson during the 3rd quarter worth about $36,000. 72.11% of the stock is owned by hedge funds and other institutional investors.

About Nordson

(Get Free Report)

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.

See Also

Dividend History for Nordson (NASDAQ:NDSN)

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