Nordson Coping with Challenges: Bouncing Back with Steady Distribution and Decreasing Investor Rewards

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At the end of today, March 05, 2024, Nordson NDSN will distribute a dividend payout of $0.68 per share, translating to an annualized dividend yield of 1.07%. Shareholders who held the stock before the ex-dividend date on February 16, 2024 will benefit from this payout.

Nordson Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2024-02-16 4 $0.68 1.07% 2024-02-07 2024-02-20 2024-03-05
2023-12-18 4 $0.68 1.14% 2023-12-06 2023-12-19 2024-01-02
2023-08-21 4 $0.68 1.11% 2023-08-09 2023-08-22 2023-09-05
2023-05-22 4 $0.65 1.2% 2023-05-10 2023-05-23 2023-06-06
2023-02-17 4 $0.65 1.06% 2023-02-08 2023-02-21 2023-03-07
2022-12-19 4 $0.65 1.11% 2022-12-07 2022-12-20 2023-01-03
2022-08-22 4 $0.65 1.13% 2022-08-10 2022-08-23 2022-09-06
2022-05-23 4 $0.51 0.98% 2022-05-11 2022-05-24 2022-06-07
2022-02-18 4 $0.51 0.88% 2022-02-09 2022-02-22 2022-03-08
2021-12-20 4 $0.51 0.77% 2021-12-08 2021-12-21 2022-01-04
2021-08-23 4 $0.51 0.92% 2021-08-11 2021-08-24 2021-09-07
2021-05-24 4 $0.39 0.75% 2021-05-12 2021-05-25 2021-06-08

When comparing Nordson's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Stanley Black & Decker SWK having the highest annualized dividend yield at 3.62%.

Analyzing Nordson Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

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YoY Growth in Dividend Per Share

As you can see, from 2020 to 2023, investors saw an average increase in the company's dividend per share, rising from $1.54 in 2020 to $2.66 in 2023. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.

YoY Earnings Growth For Nordson

The earnings chart illustrates an increase in Nordson's earnings per share, from $5.48 in 2020 to $9.02 in 2023. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.

Recap

This article takes an in-depth look at Nordson's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.68 per share today, translating to an annualized dividend yield of 1.07%.

When comparing Nordson's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Stanley Black & Decker having the highest annualized dividend yield at 3.62%.

The increase in both dividend per share and earnings per share from 2020 to 2023 for Nordson indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.

Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.

[Click here](https://www.benzinga.com/stock//dividends) to find details on Nordson's previous dividends.

To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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