dennis mccain
  • Home
  • Investing
    • Dividend Kings
    • Div Aristocrats
    • Div Champions
    • Business Dev Cos
    • Monthly Dividends
  • Options
    • Weekly Options

Investing

Ideas and Strategies on Investing.

Previous Articles

Nordson

2/12/2015

0 Comments

 
Nordson Corporation designs and manufactures dispensing equipment for consumer and industrial adhesives, sealants and coatings. The company also manufactures equipment used in the testing and inspection of electronic components as well as technology based systems for curing and surface treatment processes. 

Nordson is organized into three segments:
  1. Adhesive dispensing systems. This group delivers precision dispensing technology including hot melt equipment and hot melt applicators to diverse industries including: Nonwovens, Packaging, Paper and paperboard converting, Product assembly, and Web coating systems
  2. Advanced technology systems. This group develops products that are used in production processes, such as surface preparation, dispensing of material, curing of dispensed material, bond testing and X-ray inspection, and engages with electronic and related high-tech industries that use the following systems: Dispensing systems, Surface preparation, Bond testing and inspection systems, and Fluid management.
  3. Industrial coating systems. This group provides both standard and highly customized equipment used primarily for applying coatings, paint, finishes, sealants and other materials. This group primarily serves the consumer durables market with the following systems: Powder coating systems, Container coating and curing systems, Automotive systems, Liquid finishing systems, and Curing and drying systems

Picture

Nordson Corporation (NDSN) engineers, manufactures, and markets products and systems for dispensing and processing adhesives, coatings, polymers, sealants, biomaterials, fluid management, testing and inspection, surface treatment, and curing. Its Adhesive Dispensing Systems segment provides equipment to apply adhesives, lotions, liquids, and fibers to disposable products; automated adhesive dispensing systems for packaged goods industries; adhesive and sealant dispensing systems to bond and seal plastics, metal, and wood products in the paper and paperboard converting industries; laminating and coating systems to manufacture continuous-roll goods in nonwovens, textile, and paper industries; and components and systems used in plastic extrusion and injection molding processes. The company’s Advanced Technology Systems segment offers automated dispensing systems for attachment, protection, and coating of fluids and related gas plasma treatment systems for cleaning and conditioning surfaces prior to dispense; precision manual and semi-automated dispensers, plastic molded syringes, cartridges tips, and fluid connection components for applying and controlling the flow of adhesives, sealants, lubricants, and biomaterials; and bond testing and automated optical and X-ray inspection systems. This segment serves electronics, medical, and related industries. Its Industrial Coating Systems segment provides automated and manual dispensing systems to apply component adhesives and sealant materials; liquid paints and coatings to consumer and industrial products; ultraviolet equipment to cure and dry operations for specialty coatings, semiconductor materials, and paints; and powder paints and coatings to various metal, plastic, and wood products. The company markets its products in the United States and internationally through direct sales force, distributors, and sales representatives. Nordson Corporation was founded in 1935 and is headquartered in Westlake, Ohio. (Daily Chart)

11 February 2015
Price $76.10
1yr Target $85.30
Analysts 10
1yr Cap Gain 12.08%
Dividend $0.88
Yield 1.15%
1yr Tot Return 13.23%


Market Cap $4.72 Bil
3yr DivGR 12.49%
5yr DivGR 16.67%
Payout Ratio 19.60%
Beta 1.46
EPS (ttm) $3.85
EPS next yr $4.70
P/E 19.77
PEG 1.28
Forward P/E 16.21

Debt/Equity 0.90
ROA 11.60%
ROE 26.70%

ROI 15.20%
Sales $1.70 Bil
Income $246.80 Mil
Profit Margin 14.50%
Picture
Picture

My Perspective

This is the kind of company I want in my portfolio. Solid dividend growth rate, low payout ratio, inexpensive P/E ratio, nice return on equity, and solid profit margin. The only blemish (if you even consider this one) is the low dividend yield. I generally like to buy companies that have dividend yields of 2% or more but this company, with a payout ratio of less that 20%, has plenty of room to increase their dividend for years to come. 

I find this company extremely appealing and intend to start a position in this company as quickly as funds become available. 
 

Picture
0 Comments



Leave a Reply.

    Print Friendly Version of this pagePrint Get a PDF version of this webpagePDF

    Picture

    Author

    I am an Individual Investor with specific interest in long term growth and then enhancing my returns with income from dividends and derivatives. I don't recommend stocks to anyone (it's a good way to lose friends) and no one reading this should misinterpret my blog as a recommendation for any type of investment. I am writing this solely for myself and my kids.


    RSS Feed


    Picture
    Top 100 Blogs for Dividend Investors

    Picture
    Follow Me on StockTwits!



    Dividend Growth Stocks
    Dividend Growth Investor


    Picture
    I'm on Seeking Alpha too!

    Archives

    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013


    ADDITIONAL RESOURCES:
    4 Month INDU Chart
    Dividend Ex-Dates
    Bidness Etc
    SharpCharts Voyeur
    StockCharts.com

    FINVIZ
    Seeking Alpha
    BDC Reporter
    Roadmap2Retire
    DivHut
    Dividend Growth Investor

    Dividend Yield

    Stock Market Mentor
    Chart Swing Trader
    Dividend Announcements
    IBD TV
    Stocks to Watch Today
    Dividend Detective

    DISCLAIMER
     I am not a licensed investment adviser, and I am not providing investment advise for you on this site. Please consult with an investment professional before you invest your money. Any opinion expressed here should not be treated as investment advice. I am not liable for any losses suffered by any party because of data or information published on this blog. Past performance is not a guarantee of future performance. Unless your investments are FDIC insured, they may decline in value.

    Picture
Powered by Create your own unique website with customizable templates.