NTIC · Northern Technologies International Corporation

On April 24, 2026, Northern Technologies International Corporation (NTIC) announced that its Board of Directors has suspended the quarterly cash dividend on common stock, effective with the third quarter of fiscal 2026. This action follows a prior reduction to $0.01 per share in the third quarter of fiscal 2025. The suspension is intended to focus on reducing outstanding debt. The Board retains discretion over future dividends, which will depend on earnings, financial condition, cash requirements, financing restrictions, and other factors. This move signals a strategic shift toward deleveraging, potentially improving the company's balance sheet strength but reducing near-term shareholder income.