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 1.09% based on its recent close price. The latest dividend has increased by $0.01, or 1% from the previous payment.
DOV has a dividend yield of 1.09% which is above its peers average but below the Industrials sector and the industry average. Compared to its Industrials sector average of 1.49%, DOVER's dividend yield is 27% lower. The historical 5-year average of DOV's dividend yield is 1.5%, which is above the current yield.
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 30% from a year ago, the dividend yield has decreased by 22%.
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% |
DOV has a payout ratio of 19% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 31.7%, DOVER's payout ratio is 40% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
FLS Flowserve Corp | 1.74% | $0.82 | 42.3% |
ITW Illinois Tool Works Inc | 1.65% | $4.2 | 41.1% |
NOV National Oilwell Varco Inc | 1.54% | $0.25 | 9.3% |
IEX Idex Corp | 1.29% | $2.66 | 34.8% |
DOV DOVER Corp | 1.09% | $2.05 | 19% |
PH Parker Hannifin Corp | 1.03% | $6.22 | 28.1% |
GE General Electric Co | 0.4% | $0.72 | 16.9% |
DHR Danaher Corp | 0.39% | $1.05 | 18.5% |
CW Curtiss Wright Corp | 0.26% | $0.81 | 7.9% |
IR Ingersoll Rand Inc | 0.09% | $0.08 | 3.9% |
Yes, DOVER has paid four dividends in the last 12 months. DOV has been paying dividends since 1991.
DOVER's last dividend ex-date was on Aug 30, 2024. The dividend amount was $0.515 per share.
DOV has paid dividend of $2.05 per share in the last year.
Currently DOVER's dividend yield is 1.09%.
DOVER has a quarterly dividend frequency.
The dividend payout ratio of DOVER is 19%.
DOVER's dividend yield is below the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.