Dover Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Dover (NYSE: DOV) has announced a quarterly cash dividend of $0.505 per share, scheduled for payment on March 15, 2023. The record date for shareholders is set for February 28, 2023. With annual revenues exceeding $8 billion, Dover operates through five segments, including Engineered Products and Clean Energy & Fueling. The company continues to showcase its commitment to returning value to shareholders through consistent dividend payouts.

Positive

• Quarterly cash dividend of $0.505 demonstrates financial strength.
• Annual revenue exceeds $8 billion, indicating robust business performance.
• Strong commitment to shareholder returns through regular dividend payments.

Negative

• None.

DOWNERS GROVE, Ill., Feb. 10, 2023 /PRNewswire/ -- The Board of Directors of Dover (NYSE: DOV) today declared a regular quarterly cash dividend of $0.505 (fifty and one-half cents) per share, payable on March 15, 2023, to shareholders of record as of February 28, 2023.

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 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:
Jack Dickens	Adrian Sakowicz
Senior Director - Investor Relations	Vice President – Communications
(630) 743-2566	(630) 743-5039
jdickens@dovercorp.com	asakowicz@dovercorp.com

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SOURCE Dover

FAQ

What is the dividend amount for Dover (DOV) in 2023?

Dover has declared a quarterly cash dividend of $0.505 per share for 2023.

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

The dividend payment date for Dover is March 15, 2023.

What is the record date for the dividend for Dover (DOV)?

The record date for the dividend is February 28, 2023.

How often does Dover (DOV) pay dividends?

Dover typically pays dividends quarterly.

Is the dividend declared by Dover (DOV) sustainable?

Dover's strong annual revenue of over $8 billion supports its ability to maintain dividend payments.