Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The Engineered Products segment provides various equipment, component, software, solution, and services that are used in aftermarket vehicle service, solid waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market. This segment also offers manual and power clamp, rotary and linear mechanical indexer, conveyor, pick and place unit, glove port, and manipulator, as well as end-of-arm robotic gripper, slide, and end effector. Its Clean Energy & Fueling segment offers component, equipment, and software and service solution enabling safe transport of traditional and clean fuel, and other hazardous substance along with supply chain, as well as operation of convenience retail, retail fueling, and vehicle wash establishment. The Imaging and Identification segment provides precision marking and coding; packaging intelligence; product traceability equipment; brand protection; and digital textile printing equipment, as well as related consumable, software, and service to packaged and consumer good, pharmaceutical, industrial manufacturing, fashion and apparel, and other end-market. Its Pumps and Process Solutions segment manufactures specialty pump, connector, and flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. The Climate & Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications. It sells its products directly and through a network of distributors. The company was incorporated in 1947 and is headquartered in Downers Grove, Illinois.
Dover Dividend Announcement
• Dover announced a quarterly dividend of $0.52 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-29
• Dover annual dividend for 2024 was $2.05
• Dover annual dividend for 2023 was $2.03
• Dover's trailing twelve-month (TTM) dividend yield is 1.02%
• Dover's payout ratio for the trailing twelve months (TTM) is 18.22%
• Dover's dividend growth over the last five years (2018-2023) was 1.33% year
• Dover's dividend growth over the last ten years (2013-2023) was 3.42% year
Dover Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.52 | quarterly | 2024-12-16 |
2024-08-30 | $0.52 | quarterly | 2024-09-16 |
2024-05-31 | $0.51 | quarterly | 2024-06-14 |
2024-02-28 | $0.51 | quarterly | 2024-03-15 |
2023-11-29 | $0.51 | quarterly | 2023-12-15 |
2023-08-30 | $0.51 | quarterly | 2023-09-15 |
2023-05-30 | $0.51 | quarterly | 2023-06-15 |
2023-02-27 | $0.51 | quarterly | 2023-03-15 |
2022-11-29 | $0.51 | quarterly | 2022-12-15 |
2022-08-30 | $0.51 | quarterly | 2022-09-15 |
2022-05-27 | $0.50 | quarterly | 2022-06-15 |
2022-02-25 | $0.50 | quarterly | 2022-03-15 |
2021-11-29 | $0.50 | quarterly | 2021-12-14 |
2021-08-30 | $0.50 | quarterly | 2021-09-15 |
2021-05-27 | $0.49 | quarterly | 2021-06-15 |
2021-02-25 | $0.49 | quarterly | 2021-03-15 |
2020-11-27 | $0.49 | quarterly | 2020-12-14 |
2020-08-28 | $0.49 | quarterly | 2020-09-15 |
2020-05-28 | $0.49 | quarterly | 2020-06-15 |
2020-02-27 | $0.49 | quarterly | 2020-03-16 |
2019-11-27 | $0.49 | quarterly | 2019-12-16 |
2019-08-29 | $0.49 | quarterly | 2019-09-16 |
2019-05-30 | $0.48 | quarterly | 2019-06-17 |
2019-02-27 | $0.48 | quarterly | 2019-03-15 |
2018-11-29 | $0.48 | quarterly | 2018-12-17 |
2018-08-30 | $0.48 | quarterly | 2018-09-17 |
2018-05-30 | $0.47 | quarterly | 2018-06-15 |
2018-02-27 | $0.47 | quarterly | 2018-03-15 |
2017-11-29 | $0.47 | quarterly | 2017-12-15 |
2017-08-29 | $0.47 | quarterly | 2017-09-15 |
2017-05-26 | $0.44 | quarterly | 2017-06-15 |
2017-02-24 | $0.44 | quarterly | 2017-03-15 |
2016-11-28 | $0.44 | quarterly | 2016-12-15 |
2016-08-29 | $0.44 | quarterly | 2016-09-15 |
2016-05-26 | $0.42 | quarterly | 2016-06-15 |
2016-02-25 | $0.42 | quarterly | 2016-03-15 |
2015-11-25 | $0.42 | quarterly | 2015-12-15 |
2015-08-27 | $0.42 | quarterly | 2015-09-15 |
2015-05-27 | $0.40 | quarterly | 2015-06-15 |
2015-02-25 | $0.40 | quarterly | 2015-03-16 |
2014-11-25 | $0.40 | quarterly | 2014-12-15 |
2014-08-27 | $0.40 | quarterly | 2014-09-15 |
2014-05-28 | $0.38 | quarterly | 2014-06-16 |
2014-03-12 | $0.38 | quarterly | 2014-03-31 |
2013-11-26 | $0.38 | quarterly | 2013-12-16 |
2013-08-28 | $0.38 | quarterly | 2013-09-16 |
2013-05-29 | $0.35 | quarterly | 2013-06-15 |
2013-02-26 | $0.35 | quarterly | 2013-03-15 |
Dover Dividend per year
Dover Dividend growth
Dover Dividend Yield
Dover current trailing twelve-month (TTM) dividend yield is 1.02%. Interested in purchasing Dover stock? Use our calculator to estimate your expected dividend yield:
Dover Financial Ratios
Dover Dividend FAQ
Other factors to consider when evaluating Dover as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Dover's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Dover publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Dover distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Dover are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Dover sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Dover distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dover declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Dover's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Dover's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.