Nordson Raises Dividend 15% to 94 Cents, Extending 63-Year Streak

Dividend Increase and Payout Details

Nordson Corporation (NDSN) has announced a 15% increase in its quarterly dividend, raising it to 94 cents per share, which translates to an annual payout of $3.76. The new dividend is scheduled to be paid on October 2, 2026, to shareholders of record as of September 10. This hike follows a 5% increase to 82 cents per share in August 2025.

The company's dividend has grown at a five-year compound annual growth rate of 13.7%, and this latest increase extends its streak of consecutive annual dividend hikes to 63 years.

Financial Performance and Capital Allocation

Nordson's strong cash flow generation supports its shareholder return program. In the first nine months of fiscal 2026, the company paid $137.4 million in dividends, up 3.3% year over year. Additionally, it repurchased approximately $158.8 million worth of shares during the same period. In August 2025, the board authorized an additional $0.5 million share repurchase program, and as of the end of the third quarter of fiscal 2026, the company had approximately $0.57 million remaining under its existing authorizations.

Business Segment Performance

Nordson is benefiting from strength in its Medical and Fluid Solutions segment, driven by growth in engineered fluid solutions and medical product lines. The Industrial Precision Solutions segment is also performing well, supported by increased demand for packaging, industrial coatings, polymer processing, and nonwovens product lines.

Shares of Nordson have gained 44% over the past year, compared to the industry's 3% growth. However, the company faces challenges including high debt levels and exposure to currency fluctuations and economic conditions in international markets.

What it means for income investors

Nordson's dividend increase reflects its consistent ability to generate cash flow and reward shareholders. With a 63-year dividend growth streak, the company demonstrates a long-term commitment to returning capital to investors, which may appeal to those seeking reliable income.

Reporting based on: TradingView. Figures verified against market data where available.