Northern Technologies (NTIC) Declares $0.10 Quarterly Dividend; 2.3% Yield

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Go back to Northern Technologies (NTIC) Declares $0.10 Quarterly Dividend; 2.3% Yield

Northern Technologies International Corporation Reports Financial Results for Fiscal 2017 and Announces Quarterly Dividend

November 20, 2017 8:00 AM EST

MINNEAPOLIS, Nov. 20, 2017 (GLOBE NEWSWIRE) -- Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today reported its financial results for the fourth quarter and full year of fiscal 2017.

Fourth quarter fiscal 2017 financial and operating highlights include (with growth rates compared to fourth quarter of fiscal 2016):  

Consolidated net sales increased 14.5% to a quarterly record $10,901,000ZERUST® product net sales increased 13.4% to $9,108,000Natur-Tec® product net sales increased 20.4% to $1,793,000Joint venture operating income increased 24.0% to... More