Nordson Corporation Board Of Directors Increases Dividend From $0.65/Share To $0.68/Share
Portfolio Pulse from Benzinga Newsdesk
Nordson Corporation (NASDAQ:NDSN) has announced a 5% increase in its quarterly cash dividend from $0.65 to $0.68 per share, payable on September 5, 2023. This marks the company's 60th consecutive year of annual dividend increases.
August 09, 2023 | 12:37 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Nordson Corporation has increased its quarterly cash dividend by 5%, marking its 60th consecutive year of annual dividend increases. This could potentially attract income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could potentially attract income-focused investors, leading to increased demand for the stock and a potential increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100