DOV DOVER dividend history, payout ratio & dates
DOVER's most recent dividend was on Aug 30, 2024 (ex-date) with a cash dividend payment of $0.515 per share. On an annualized basis, the company has a current payout of $2.05 per share. This brings the dividend yield to 1.01% based on its recent close price. The latest dividend has increased by $0.01, or 1% from the previous payment.
Key dates
- DOV last dividend date: Aug 30, 2024
DOV dividend stats
vs. Industrials sector
Dividend yield
DOV has a dividend yield of 1.01% which is above its peers average but below the Industrials sector and the industry average. Compared to its Industrials sector average of 1.36%, DOVER's dividend yield is 26% lower. The historical 5-year average of DOV's dividend yield is 1.5%, which is above the current yield.
Dividend history
DOVER has been paying dividends since 1991. DOV has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 1% for the last year. But since the stock price has gone up by 46% from a year ago, the dividend yield has decreased by 31%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 30, 2024 | $0.515 | 1.1% |
| May 31, 2024 | $0.51 | 1.11% |
| Feb 28, 2024 | $0.51 | 1.24% |
| Nov 29, 2023 | $0.51 | 1.44% |
| Aug 30, 2023 | $0.51 | 1.37% |
| May 30, 2023 | $0.505 | 1.48% |
| Feb 27, 2023 | $0.505 | 1.34% |
| Nov 29, 2022 | $0.505 | 1.44% |
| Aug 30, 2022 | $0.505 | 1.59% |
| May 27, 2022 | $0.5 | 1.49% |
| Feb 25, 2022 | $0.5 | 1.25% |
| Nov 29, 2021 | $0.5 | 1.16% |
| Aug 30, 2021 | $0.5 | 1.13% |
| May 27, 2021 | $0.495 | 1.32% |
| Feb 25, 2021 | $0.495 | 1.59% |
| Nov 27, 2020 | $0.495 | 1.59% |
| Aug 28, 2020 | $0.495 | 1.76% |
| May 28, 2020 | $0.49 | 2.02% |
| Feb 27, 2020 | $0.49 | 1.85% |
| Nov 27, 2019 | $0.49 | 1.73% |
| Aug 29, 2019 | $0.49 | 2.09% |
| May 30, 2019 | $0.48 | 2.13% |
| Feb 27, 2019 | $0.48 | 2.11% |
| Nov 29, 2018 | $0.48 | 2.26% |
| Aug 30, 2018 | $0.48 | 2.21% |
| May 30, 2018 | $0.47 | 2.39% |
| Feb 27, 2018 | $0.47 | 1.81% |
| Nov 29, 2017 | $0.47 | 1.9% |
| Aug 29, 2017 | $0.47 | 2.13% |
| May 26, 2017 | $0.44 | 2.13% |
| Feb 24, 2017 | $0.44 | 2.17% |
| Nov 28, 2016 | $0.44 | 2.43% |
| Aug 29, 2016 | $0.44 | 2.31% |
| May 26, 2016 | $0.42 | 2.52% |
| Feb 25, 2016 | $0.42 | 2.74% |
| Nov 25, 2015 | $0.42 | 2.52% |
| Aug 27, 2015 | $0.42 | 2.7% |
| May 27, 2015 | $0.4 | 2.08% |
| Feb 25, 2015 | $0.4 | 2.66% |
DOVER dividend payout ratio
Payout ratio
DOV has a payout ratio of 18.2% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 32.7%, DOVER's payout ratio is 44% lower.
Total amount of dividends paid per financial year (from cash flow)
DOV dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ITW Illinois Tool Works Inc | 1.59% | $4.3 | 37.1% |
| NOV National Oilwell Varco Inc | 1.52% | $0.25 | 9.2% |
| FLS Flowserve Corp | 1.38% | $0.83 | 40.7% |
| IEX Idex Corp | 1.19% | $2.71 | 42% |
| DOV DOVER Corp | 1.01% | $2.05 | 18.2% |
| PH Parker Hannifin Corp | 0.91% | $6.37 | 28.3% |
| GE General Electric Co | 0.51% | $0.92 | 16% |
| DHR Danaher Corp | 0.45% | $1.05 | 19.8% |
| CW Curtiss Wright Corp | 0.22% | $0.82 | 7.7% |
| IR Ingersoll Rand Inc | 0.08% | $0.08 | 3.9% |
Frequently asked questions
Does DOVER pay a dividend?
Yes, DOVER has paid four dividends in the last 12 months. DOV has been paying dividends since 1991.
When was DOV's last dividend?
DOVER's last dividend ex-date was on Aug 30, 2024. The dividend amount was $0.515 per share.
How much dividend does DOVER pay (per share)?
DOV has paid dividend of $2.05 per share in the last year.
What is DOVER's dividend yield?
Currently DOVER's dividend yield is 1.01%.
How often does DOVER pay dividends?
DOVER has a quarterly dividend frequency.
What is DOVER's dividend payout ratio?
The dividend payout ratio of DOVER is 18.2%.
Does DOVER pay a good dividend?
DOVER's dividend yield is below the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.