Nordson's latest quarterly dividend of $0.65 per share was on May 22, 2023 (ex-date). The annualized dividend distribution of $2.6 per share represents a current dividend yield of 1.17%.
NDSN has a dividend yield of 1.17% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.55%, Nordson's dividend yield is 25% lower. Historically NDSN's dividend yield has averaged at 0.9% in the last 5 years, which is less than the current one.
Nordson has a history of paying dividends since 1995. Our records of NDSN show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 27% for the last twelve months. And with the price of the stock up by 3% from a year ago, the dividend yield has an increase of 24%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 22, 2023 | Jun 6, 2023 | May 10, 2023 | $0.65 | normal |
| Feb 17, 2023 | Mar 7, 2023 | Feb 8, 2023 | $0.65 | normal |
| Dec 19, 2022 | Jan 3, 2023 | Dec 7, 2022 | $0.65 | normal |
| Aug 22, 2022 | Sep 6, 2022 | Aug 10, 2022 | $0.65 | normal |
| May 23, 2022 | Jun 7, 2022 | May 11, 2022 | $0.51 | normal |
| Feb 18, 2022 | Mar 8, 2022 | Feb 9, 2022 | $0.51 | normal |
| Dec 20, 2021 | Jan 4, 2022 | $0.51 | normal | |
| Aug 23, 2021 | Sep 7, 2021 | Aug 11, 2021 | $0.51 | normal |
| May 24, 2021 | Jun 8, 2021 | May 12, 2021 | $0.39 | normal |
| Feb 22, 2021 | Mar 9, 2021 | Feb 10, 2021 | $0.39 | normal |
| Dec 17, 2020 | Jan 5, 2021 | Dec 9, 2020 | $0.39 | normal |
| Aug 24, 2020 | Sep 8, 2020 | Aug 14, 2020 | $0.39 | normal |
| May 22, 2020 | Jun 9, 2020 | May 12, 2020 | $0.38 | normal |
| Feb 24, 2020 | Mar 10, 2020 | Feb 11, 2020 | $0.38 | normal |
| Dec 19, 2019 | Jan 7, 2020 | Dec 10, 2019 | $0.38 | normal |
| Aug 26, 2019 | Sep 10, 2019 | Aug 16, 2019 | $0.38 | normal |
| May 24, 2019 | Jun 11, 2019 | May 14, 2019 | $0.35 | normal |
| Feb 25, 2019 | Mar 12, 2019 | Feb 12, 2019 | $0.35 | normal |
| Dec 20, 2018 | Jan 8, 2019 | Dec 11, 2018 | $0.35 | normal |
| Aug 20, 2018 | Sep 4, 2018 | Aug 10, 2018 | $0.35 | normal |
| May 25, 2018 | Jun 12, 2018 | May 15, 2018 | $0.3 | normal |
| Feb 16, 2018 | Mar 6, 2018 | Feb 6, 2018 | $0.3 | normal |
| Dec 18, 2017 | Jan 2, 2018 | Dec 5, 2017 | $0.3 | normal |
| Aug 18, 2017 | Sep 5, 2017 | Aug 11, 2017 | $0.3 | normal |
| May 25, 2017 | Jun 13, 2017 | May 16, 2017 | $0.27 | normal |
| Feb 16, 2017 | Mar 7, 2017 | Feb 7, 2017 | $0.27 | normal |
| Dec 14, 2016 | Jan 3, 2017 | Dec 6, 2016 | $0.27 | normal |
| Aug 19, 2016 | Sep 6, 2016 | Aug 12, 2016 | $0.27 | normal |
| May 25, 2016 | Jun 10, 2016 | May 18, 2016 | $0.24 | normal |
| Feb 19, 2016 | Mar 8, 2016 | Feb 9, 2016 | $0.24 | normal |
| Dec 18, 2015 | Jan 5, 2016 | Dec 8, 2015 | $0.24 | normal |
NDSN has a payout ratio of 29% which is higher than the Industrials sector average but lower than the industry average. But in comparison with the Industrials sector average of 27.9%, Nordson's payout ratio is only 3.9% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ITW Illinois Tool Works Inc | 2.27% | $5.15 | 51.4% |
| DOV DOVER Corp | 1.46% | $2.02 | 26.8% |
| NDSN Nordson Corp | 1.15% | $2.6 | 29% |
| GGG Graco Inc | 1.13% | $0.89 | 30.6% |
Yes, Nordson has been paying dividends for the last 28 years.
NDSN hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in August 2023.
Nordson's last regular dividend was on May 22, 2023 (ex-date) with the amount of $0.65 per share.
On an annual basis NDSN pays $2.6 per share.
Currently Nordson's dividend yield is 1.17%.
Nordson pays dividends quarterly.
The dividend payout ratio of Nordson is 29%.
Nordson's dividend yield is less than the Industrials sector average.