Nordson (NDSN) DIvidends Date & History

Key Takeaways

• Current dividend yield is about 1.2% based on a quarterly payout of $0.82 per share (annualized $3.28) and a share price near $288.
• Payout ratio sits around 38%, indicating comfortable earnings and free cash flow coverage.
• Nordson boasts a 61‑year dividend‑increase streak, with the most recent 15% raise to $0.78 in 2024 and a further lift to $0.82 in 2025.
• Yield trails the industrial‑machinery sector average (≈1.5%) but is higher than many large‑cap peers such as ITW (0.9%).
• Strong cash generation and diversified product segments support dividend sustainability for the long term.

Dividend Overview

Nordson Corporation (NDSN) follows a quarterly dividend schedule, paying $0.82 per share each quarter—a 15% increase from the $0.68 quarterly payout in early 2024. On a trailing‑twelve‑month (TTM) basis, the annualized dividend is $3.28, yielding roughly 1.2% given the current market price of about $288 per share. The company is classified as a dividend‑growth stock, emphasizing consistent increases rather than a high current yield.

Dividend History and Growth

Nordson has paid dividends since 1995 and has raised the payout every year for the past 61 years, qualifying it as a “Dividend King.” Quarterly dividends climbed from $0.65 in 2022 to $0.78 in 2024 (a 15% jump) and reached $0.82 in 2025. Over the last decade, the dividend’s compound annual growth rate (CAGR) has been roughly 13.8%, reflecting the company’s commitment to returning cash to shareholders while expanding earnings. Even during periods of slower earnings growth, Nordson maintained dividend increases, highlighting the reliability of its policy.

Dividend Sustainability and Payout Ratio

Nordson’s payout ratio—dividends divided by earnings per share (EPS)—averages 38% for the most recent fiscal year (2024). This low-to‑moderate ratio provides ample headroom for future hikes. Free cash flow (FCF) of $607 million in FY2024 covered net income of $487 million, indicating an FCF‑to‑earnings conversion above 100%. The balance sheet shows a debt‑to‑equity ratio of 0.64, and the company generated $9.45–$9.65 earnings per share (EPS) for FY2024, underscoring robust earnings coverage of the dividend.

Dividend Compared to Industry Peers

Within the industrial‑machinery sector, the average dividend yield is about 1.5%. Nordson’s 1.2% yield is modestly below this benchmark but remains above peers such as Illinois Tool Works (ITW) at 0.9% and Dover Corp. (DOV) at 1.1%. Nordson’s payout ratio of 38% is comparable to the sector’s average of 35%, signaling a similar level of dividend commitment. Moreover, Nordson’s diversified revenue streams—Industrial Precision Solutions, Medical & Fluid Solutions, and Advanced Technology Solutions—provide a diversified earnings base that supports dividend stability relative to more concentrated competitors.

AI Screener

Tickeron’s AI Screener is an AI‑powered discovery tool that scans thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical patterns, and fundamental metrics. Users can quickly locate dividend‑focused investments, high‑growth breakout candidates, or low‑volatility income stocks, streamlining the research process compared with manual screening.

Is This Stock Attractive for Dividend Investors?

Nordson may suit dividend growth investors who prioritize a long‑term increase in payouts over a high immediate yield. The company’s 61‑year streak of annual dividend hikes, low payout ratio, and strong free cash flow make it appealing to patient investors seeking compounding income. Conservative income seekers looking for a yield above 3% may find Nordson’s current yield modest, but the potential for continued dividend acceleration could raise the yield over time. The stock also offers a balance of stability and modest upside for blended investors who value both dividend growth and capital appreciation.

Disclaimer

“The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.” Disclaimers and Limitations