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Why I Like Nordson Corporation (NASDAQ:NDSN)

Cameron Brookes

Nordson Corporation (NASDAQ:NDSN) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of NDSN, it is a well-regarded dividend-paying company with a an impressive track record of delivering benchmark-beating performance. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my high-level commentary, read the full report on Nordson here.

Proven track record average dividend payer

Over the past year, NDSN has grown its earnings by 27.0%, with its most recent figure exceeding its annual average over the past five years. This illustrates a strong track record, leading to a satisfying return on equity of 26.0%. which is an optimistic signal for the future.

NasdaqGS:NDSN Income Statement Export September 24th 18

NDSN is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.

NasdaqGS:NDSN Historical Dividend Yield September 24th 18

Next Steps:

For Nordson, I’ve compiled three fundamental factors you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for NDSN’s future growth? Take a look at our free research report of analyst consensus for NDSN’s outlook.
  2. Financial Health: Are NDSN’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of NDSN? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.