Dover Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

The Board of Directors of Dover has declared a quarterly cash dividend of $0.495 per share, payable on June 15, 2021, to shareholders of record as of May 28, 2021. Dover, headquartered in Downers Grove, Illinois, is a diversified global manufacturer with approximately $7 billion in annual revenue, offering innovative solutions across five operating segments. This dividend reflects Dover's commitment to returning value to its shareholders.

AI-generated analysis. Not financial advice.

Positive

• Quarterly cash dividend of $0.495 per share enhances shareholder returns.
• Dover reports annual revenue of approximately $7 billion, indicating strong market presence.

Negative

• None.

News Market Reaction – DOV

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+0.35% News Effect

On the day this news was published, DOV gained 0.35%, reflecting a mild positive market reaction.

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DOWNERS GROVE, Ill., May 7, 2021 /PRNewswire/ -- The Board of Directors of Dover (NYSE: DOV) today declared a regular quarterly cash dividend of $0.495 (forty-nine and one-half cents) per share, payable on June 15, 2021, to shareholders of record as of May 28, 2021.

About Dover:
Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Fueling Solutions, Imaging & Identification, Pumps & Process Solutions and Refrigeration & Food Equipment. Dover combines global scale, operational agility, world-class engineering capability and customer intimacy to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com. 

Investor Contact:	Media Contact:
Andrey Galiuk	Adrian Sakowicz
Vice President – Corporate Development	Vice President – Communications
and Investor Relations	(630) 743-5039
(630) 743-5131	asakowicz@dovercorp.com
agaliuk@dovercorp.com

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SOURCE Dover

FAQ

What is the dividend amount declared by Dover (DOV)?

Dover has declared a dividend of $0.495 per share.

When is the dividend payment date for Dover (DOV)?

The dividend will be paid on June 15, 2021.

What date is the record for shareholders to receive the dividend from Dover (DOV)?

The record date for shareholders is May 28, 2021.

How much revenue does Dover (DOV) generate annually?

Dover generates approximately $7 billion in annual revenue.