NDSN - Printable Version +- Dividend Growth Forum (http://DividendGrowthForum.com) +-- Forum: Dividend Growth Investing (http://DividendGrowthForum.com/forumdisplay.php?fid=15) +--- Forum: Individual Dividend Growth Stocks (http://DividendGrowthForum.com/forumdisplay.php?fid=35) +--- Thread: NDSN (/showthread.php?tid=796)

NDSN - earthtodan - 12-11-2014 Today I started a position in Nordson, a 51-year dividend grower with a high DGR (20% or high teens, depending on where you look). Given the dividend growth streak, they don't get much coverage. They make dispensing equipment for adhesives, fluids, paints, etc., such as the glue on paper boxes, circuit board assembly, etc. Their investor presentation has a nice breakout of their capital allocation strategy, and about half their working capital goes to acquisitions. I'm pretty excited about this as a new SWAN holding. http://www.nordson.com/en-us/about-nordson/investors/Documents/4Q%202014%20NDSN%20Investor%20MASTER.pdf RE: NDSN - Dividend Watcher - 12-11-2014 Dan, I did a quick scan of the stats on the CCC list and Yahoo summary & stats. I was wondering why I missed this in my monthly David Fish readings and then noticed the 1% yield. It keeps getting screened out. Debt reasonable, nice current ratio, analysts expect double digit growth for the next few years, dividend growth rate in the teens for the 1/3/5 year periods, low payout ratio. I liked the product mix and geographic diversity as well. Looks somewhat like ITW without the name recognition. I think you did well here. Wouldn't work so well for an old fart like me but I'm going to keep an eye on it during the next downturn. Maybe I can snag some at a higher yield point. RE: NDSN - earthtodan - 12-11-2014 Good point, if I'm going to own Nordson I should also take a good look at ITW. RE: NDSN - rapidacid - 12-12-2014 DCI is another super solid Champion that is usually under the radar due to yield