47th consecutive year of dividend increases ranks company
16th for longest running record of increases
Aug. 17, 2010 (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 $0.21 per common share from $0.19, an increase of 10.5 percent. The dividend is payable on September 14, 2010 to shareholders of record as of the close of business on August 31, 2010 and represents a total distribution to shareholders of approximately $7.1 million.
With this increase, Nordson’s fiscal year 2010 represents the 47th consecutive year of annual dividend increases, ranking Nordson 16th among an elite group of publicly traded companies with the longest-running record of consecutive dividend increases.
Nordson Corporation is one of the world’s leading producers of precision dispensing equipment that applies adhesives, sealants, coatings and other materials to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures equipment used in the testing and inspection of electronic components as well as technology-based systems for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has direct operations and sales support offices in more than 30 countries.
Nordson Corporation
James R. Jaye, 440-414-5639
Director,
Communications & Investor Relations
Jim.Jaye@nordson.com
