Apparatus for dispensing small beads of a viscous, mixed fluid material formed by first and second viscous fluids, the apparatus comprising: a fluid dispensing body including a first fluid passageway and a second fluid passageway; first and second metering rods (62, 64), the first metering rod extending into the first fluid passageway, and the second metering rod extending into the second fluid passageway; a mixing passage including a mixer, the mixing passage communicating with the first and second fluid passageways (52, 54) to receive the first and second viscous fluids from the first and second fluid passageways (52, 54) when the first and second metering rods (62, 64) are moved into the first and second fluid passageways (52, 54); a dispensing passageway in fluid communication with the mixing passage, and configured to dispense a small bead of viscous, mixed fluid material formed by the mixed first and second viscous fluids; and a control configured to extend and retract the first and second metering rods (62, 64) by a distance sufficient to prevent drooling of the viscous, mixed fluid material outward from the dispensing passageway at the end of a dispensing cycle, characterized in that a rotary valve is positioned between the first and second metering rods (62, 64) and the mixing passage, the rotary valve configured to rotate between a first position, allowing fluid communication between the first and second fluid passageways (52, 54) and the mixing passage, and a second position, preventing fluid communication between the first and second fluid passageways (52,54) and the mixing passage, and wherein the control operates to simultaneously retract the first and second metering rods (62, 64) before rotating the rotary valve between the first position and the second position. a fluid dispensing body including a first fluid passageway and a second fluid passageway; first and second metering rods (62, 64), the first metering rod extending into the first fluid passageway, and the second metering rod extending into the second fluid passageway; a mixing passage including a mixer, the mixing passage communicating with the first and second fluid passageways (52, 54) to receive the first and second viscous fluids from the first and second fluid passageways (52, 54) when the first and second metering rods (62, 64) are moved into the first and second fluid passageways (52, 54); a dispensing passageway in fluid communication with the mixing passage, and configured to dispense a small bead of viscous, mixed fluid material formed by the mixed first and second viscous fluids; and a control configured to extend and retract the first and second metering rods (62, 64) by a distance sufficient to prevent drooling of the viscous, mixed fluid material outward from the dispensing passageway at the end of a dispensing cycle, characterized in that a rotary valve is positioned between the first and second metering rods (62, 64) and the mixing passage, the rotary valve configured to rotate between a first position, allowing fluid communication between the first and second fluid passageways (52, 54) and the mixing passage, and a second position, preventing fluid communication between the first and second fluid passageways (52,54) and the mixing passage, and wherein the control operates to simultaneously retract the first and second metering rods (62, 64) before rotating the rotary valve between the first position and the second position.