Reported 1 day ago
Nordson Corporation (NDSN) is recognized as one of the best Dividend Kings to consider for safe dividend growth, boasting a remarkable 5-year average annual dividend growth rate of 15.18%. While the company's recent financial results showed a decline in quarterly revenue and net income, its strong cash position enables it to maintain consistent dividend payments. Investing in dividend stocks like Nordson can prove advantageous, particularly in inflationary environments, as they historically protect capital and yield higher returns compared to non-dividend stocks.
Source: YAHOO