Dover Corporation Increases Quarterly Dividend $DOV

• Dover (NYSE:DOV) declares $0.49/share quarterly dividend, 2.1% increase from prior dividend of $0.48.
• Forward yield 2.08%
• Payable September 16; for shareholders of record August 30; ex-div August 29.

The Board of Directors of Dover (NYSE: DOV) today increased its quarterly cash dividend to $0.49 (forty-nine cents) per share, from the previous $0.48 (forty-eight cents) per share, an increase of $0.01 (one cent) or 2%. This is the 64th consecutive year in which the Company has increased its annual cash dividend, demonstrating Dover’s longstanding commitment to returning capital to shareholders.

This increased dividend will be paid on September 16, 2019, to shareholders of record as of August 30, 2019.

For more information, visit www.dovercorporation.com

According to the list of U.S. Dividend Champions, Dover Corporation is a Dividend Champions. DOV has a 63-year dividend raising streak.

Dividend Growth Rates
DGR	DGR	DGR	DGR
1-yr	3-yr	5-yr	10-yr
4.4	5.0	9.4	9.7

Dividend Yield Chart:

Dividend Yield %: Close to 10-year low

This is the historical trailing annual dividend yield of Dover Corp. Buying stocks at higher yield relative its historical values is usually more profitable.

Dividend Per Share History

This the dividend history of Dover Corp

Payout Ratio:

This is the historical payout ratio of Dover Corp. If payout ratio is close to or higher than 100%, dividends might not be sustainable.