Published on 20 May 2024 on Insider Monkey · via Yahoo Finance

Is Nordson Corporation (NASDAQ:NDSN) An Undervalued Dividend Aristocrat Stock...

We recently compiled the list of 25 Best Dividend Aristocrats Stocks According to Analysts. Since Nordson Corporation (NASDAQ:NDSN) is part of our list, we have analyzed the stock in detail.

The age-old debate of investing in dividend growth or high-yield stocks continues to reappear within the dividend investing realm. Between these two, dividend growth is currently the favored option in the market as investors seek out strategies to grow their income over time. In this regard, investors turn to dividend aristocrats, which are the companies that have raised their payouts for 25 consecutive years or more. These stocks have delivered strong returns over the years regardless of market conditions. Between February 2005 and December 2023, dividend aristocrats delivered a 12.50% return in falling interest rate periods and an 11.5% return in rising interest rate periods, according to data by Bloomberg.