NDSN

[earthtodan]

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-nords...MASTER.pdf