Dividend Growth Stocks: 10 Aristocrats

Page 9 of 10

2. Nordson Corporation (NYSE:NDSN)

5-Year Annual Dividend Growth Rate: 13.2%

Nordson Corporation (NYSE:NDSN) is an American multinational adhesive manufacturing company. In 2022, the company stretched its dividend growth streak to 59 years and in the past five years, it has raised its payouts by 13.2%. The company currently pays a quarterly dividend of $0.65 per share and its dividend yield on July 25 came in at 1.06%.

At the end of March 2023, 25 hedge funds owned stakes in Nordson Corporation (NASDAQ:NDSN), the same as in the previous quarter, as per Insider Monkey’s data. These stakes are valued at over $161.4 million collectively.

Follow Nordson Corp (NASDAQ:NDSN)

Page 9 of 10