Dover Corporation Increases Quarterly Dividend
The Board of Directors of Dover Corporation (NYSE: DOV) has announced an increase in its quarterly cash dividend, stating that it will now be $0.52 per share, up from the prior amount of $0.515 per share. This increment of $0.005 marks the 70th consecutive year the company has raised its annual cash dividend, reinforcing its dedication to providing value to its shareholders.
Commitment to Shareholders
This latest increment highlights Dover's unyielding commitment to returning capital to its shareholders, as the company continues to thrive in an evolving market landscape. The upcoming dividend payment is expected to be distributed to shareholders of record, marking yet another significant step in the company's long-term financial strategy.
Future Dividend Payment Schedule
Shareholders can anticipate receiving this adjusted dividend on the payment date of September 15, following the record date of August 29. Such attention to timely dividend disbursement aligns with Dover's overall mission to maintain strong relations with investors.
About Dover Corporation
Dover Corporation stands out as a diversified global manufacturer and solutions provider, achieving over $7 billion in annual revenue. The company excels in delivering innovative equipment, components, consumable supplies, aftermarket parts, software, and digital solutions across five major operational segments:
- Engineered Products
- Clean Energy & Fueling
- Imaging & Identification
- Pumps & Process Solutions
- Climate & Sustainability Technologies
Dover combines extensive global reach with operational agility, leading markets through its customer-centric approach. For more than 70 years, Dover has been recognized for its entrepreneurial mindset and dedication to redefining possibilities in collaboration with its clients. The company employs approximately 24,000 individuals, all contributing to its enduring legacy in manufacturing and service.
Contact Information
The company ensures clarity and openness in all communications. Investors can reach out to:
Jack Dickens
Vice President – Investor Relations
Phone: (630) 743-2566
For media inquiries, please contact:
Adrian Sakowicz
Vice President – Communications
Phone: (630) 743-5039
Frequently Asked Questions
What is the new dividend amount for Dover Corporation?
The new quarterly dividend amount for Dover Corporation is $0.52 per share.
How long has Dover been increasing its dividends?
Dover has consistently increased its annual cash dividend for 70 consecutive years.
When will the dividends be paid?
The dividends will be paid on September 15 to shareholders of record as of August 29.
What does Dover Corporation do?
Dover Corporation is a diversified global manufacturer offering solutions in various markets, emphasizing innovation and customer collaboration.
How can I contact Dover Corporation for investor relations?
Investors can contact Jack Dickens, Vice President – Investor Relations, at (630) 743-2566 for inquiries.
