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Dover (DOV) Dividend Yield, Date & History

Dover logo
$189.27 +0.33 (+0.17%)
(As of 12/20/2024 05:31 PM ET)

Dover Dividend Summary

Dividend Yield
1.09%
Annual Dividend
$2.06
Recent
Dividend Payment
Dec. 16
Dividend Increase
Track Record
70 Years
Annualized 3-Year
Dividend Growth
1.01%
Dividend Payout Ratio
18.43%

Dover (DOV) pays an annual dividend of $2.06 per share, with a dividend yield of 1.09%. The next quarterly payment of $0.5150 per share was paid on Monday, December 16, to investors who owned the stock before the ex-dividend date of Friday, November 29. DOV has grown its dividend for 70 consecutive years, with an average annual increase of 0.34%. The company currently pays out 18.43% of its earnings and 19.71% of its cash flow as dividends.

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DOV Dividend Payments by Quarter

The chart below displays up to four years of Dover's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

DOV Dividend Yield Over Time

The chart below tracks Dover's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Dover vs. The Competition

Compare Dover's annual dividend, yield, and 3-year growth rate with averages for Industrial and NYSE companies to evaluate its performance against the market.

TypeDoverIndustrial CompaniesNYSE Companies
Annual Dividend$2.06$0.01$1.39
Dividend Yield1.09%2.08%3.58%
Annualized 3-Year Dividend Growth1.01%11.38%15.78%
Track Record70 years33 years24 years

Dover Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings18.43%
Based on This Year's Estimate25.21%
Based on Next Year's Estimate21.99%
Based on Cashflow19.71%

Dover Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/7/2024quarterly$0.5150 - 1.02%11/29/202411/29/202412/16/2024
8/2/2024quarterly$0.5150+$0.0050
0.98%
1.17%8/30/20248/30/20249/16/2024
5/3/2024quarterly$0.51 - 1.14%5/31/20245/31/20246/14/2024
2/8/2024quarterly$0.51 - 1.27%2/28/20242/29/20243/15/2024
11/2/2023quarterly$0.51 - 1.53%11/29/202311/30/202312/15/2023
8/3/2023quarterly$0.51+$0.0050
0.99%
1.43%8/30/20238/31/20239/15/2023
5/5/2023quarterly$0.5050 - 1.4%5/30/20235/31/20236/15/2023
2/10/2023quarterly$0.5050 - 1.32%2/27/20232/28/20233/15/2023

This table shows Dover's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Dover Dividend - Frequently Asked Questions

The current dividend yield for Dover is 1.09%. Learn more on DOV's dividend yield history.

The annual dividend for DOV shares is $2.06. Learn more on DOV's annual dividend history.

Dover pays quarterly dividends to shareholders.

Dover's most recent quarterly dividend payment of $0.5150 per share was made to shareholders on Monday, December 16, 2024.

Dover's most recent ex-dividend date was Friday, November 29, 2024.

Over the past three years, the company's dividend has grown by an average of 1.01% per year.

Dover has increased its dividend for the past 70 consecutive years.

The most recent change in the company's dividend was an increase of $0.0050 on Friday, August 2, 2024.

The dividend payout ratio for DOV is:
  • 18.43% based on the trailing year of earnings
  • 25.21% based on this year's estimates
  • 21.99% based on next year's estimates
  • 19.71% based on cash flow

Dover's dividend yield of 1.05% is lower than the average Industrial Products company that issues a dividend. The company's 70 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Dover's dividend payout ratio of 18.43% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Dover stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:DOV) was last updated on 12/21/2024 by MarketBeat.com Staff
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