Dover Declares Regular Quarterly Cash Dividend

The Board of Directors of Dover declared a regular quarterly cash dividend of $0.495 per share, set to be paid on March 15, 2021.

Rhea-AI Summary

The Board of Directors of Dover declared a regular quarterly cash dividend of $0.495 per share, set to be paid on March 15, 2021. This dividend is for shareholders on record as of February 26, 2021. Dover, headquartered in Downers Grove, Illinois, reported annual revenue of approximately $7 billion and operates through five segments including Engineered Products and Fueling Solutions. The company's commitment to shareholder returns continues with this dividend announcement.

Positive

• Quarterly cash dividend of $0.495 enhances shareholder value.
• Company's annual revenue of approximately $7 billion indicates strong financial performance.

Negative

• None.

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News Market Reaction – DOV

In the trading session that priced this news, DOV declined 0.88%, reflecting a mild negative market reaction.

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DOWNERS GROVE, Ill., Feb. 12, 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 March 15, 2021, to shareholders of record as of February 26, 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 over 23,000 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Dover in February 2021?

Dover declared a quarterly cash dividend of $0.495 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 15, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is February 26, 2021.

How much revenue does Dover generate annually?

Dover generates approximately $7 billion in annual revenue.