Dover Increases Dividend
Rhea-AI Summary
Dover Corporation (NYSE: DOV) has announced an increase in its quarterly cash dividend to $0.52 per share, up from the previous $0.515 per share, representing a $0.005 increase. This marks Dover's 70th consecutive year of increasing its annual cash dividend, highlighting the company's long-term commitment to shareholder returns. The increased dividend will be paid on September 15, 2025, to shareholders of record as of August 29, 2025.
Positive
- 70th consecutive year of dividend increases, demonstrating strong dividend aristocrat status
- Continued commitment to returning capital to shareholders despite market conditions
- Maintains consistent dividend growth policy
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, DOV gained 1.02%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
This increased dividend will be paid on September 15, 2025, to shareholders of record as of August 29, 2025.
About Dover:
Dover is a diversified global manufacturer and solutions provider with annual revenue of over
Investor Contact: | Media Contact: |
Jack Dickens | Adrian Sakowicz |
Vice President – Investor Relations | Vice President – Communications |
(630) 743-2566 | (630) 743-5039 |
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SOURCE Dover