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DOV DOVER dividend history, payout ratio & dates

DOVER's most recent quarterly dividend was on Nov 29, 2023 (ex-date) with a cash dividend payment of $0.51 per share. On an annualized basis, the company has a current payout of $2.03 per share. This brings the dividend yield to 1.27% based on its recent close price.

Key dates

  • DOV last dividend date: Nov 29, 2023
  • DOV next dividend date: Feb 28, 2024
DOV dividend stats
DPS
$2.03
Dividend yield
1.27%
Payout ratio
26.9%
vs. Industrials sector
Dividend yield
1.42%
Payout ratio
29.8%

Dividend yield

What is DOVER current dividend yield

DOV has a dividend yield of 1.27% which is above the industry and its peers average but below the Industrials sector average. Compared to its Industrials sector average of 1.42%, DOVER's dividend yield is 11% lower. The historical 5-year average of DOV's dividend yield is 1.6%, which is above the current yield.

Dividend history

What is DOV dividend payout history and dates

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 3% from a year ago, the dividend yield has decreased by 1.8%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 29, 2023 Dec 15, 2023 Nov 2, 2023 $0.51 normal
Aug 30, 2023 Sep 15, 2023 Aug 3, 2023 $0.51 normal
May 30, 2023 Jun 15, 2023 May 5, 2023 $0.505 normal
Feb 27, 2023 Mar 15, 2023 Feb 10, 2023 $0.505 normal
Nov 29, 2022 Dec 15, 2022 Nov 3, 2022 $0.505 normal
Aug 30, 2022 Sep 15, 2022 Aug 4, 2022 $0.505 normal
May 27, 2022 Jun 15, 2022 May 6, 2022 $0.5 normal
Feb 25, 2022 Mar 15, 2022 Feb 11, 2022 $0.5 normal
Nov 29, 2021 Dec 14, 2021 Nov 4, 2021 $0.5 normal
Aug 30, 2021 Sep 15, 2021 Aug 5, 2021 $0.5 normal
May 27, 2021 Jun 15, 2021 May 7, 2021 $0.495 normal
Feb 25, 2021 Mar 15, 2021 Feb 12, 2021 $0.495 normal
Nov 27, 2020 Dec 14, 2020 Nov 5, 2020 $0.495 normal
Aug 28, 2020 Sep 15, 2020 Aug 6, 2020 $0.495 normal
May 28, 2020 Jun 15, 2020 May 7, 2020 $0.49 normal
Feb 27, 2020 Mar 16, 2020 Feb 14, 2020 $0.49 normal
Nov 27, 2019 Dec 16, 2019 Nov 7, 2019 $0.49 normal
Aug 29, 2019 Sep 16, 2019 Aug 1, 2019 $0.49 normal
May 30, 2019 Jun 17, 2019 May 3, 2019 $0.48 normal
Feb 27, 2019 Mar 15, 2019 Feb 15, 2019 $0.48 normal
Nov 29, 2018 Dec 17, 2018 Nov 1, 2018 $0.48 normal
Aug 30, 2018 Sep 17, 2018 Aug 2, 2018 $0.48 normal
May 30, 2018 Jun 15, 2018 May 4, 2018 $0.47 normal
Feb 27, 2018 Mar 15, 2018 Feb 9, 2018 $0.47 normal
Nov 29, 2017 Dec 15, 2017 Nov 3, 2017 $0.47 normal
Aug 29, 2017 Sep 15, 2017 Aug 4, 2017 $0.47 normal
May 26, 2017 Jun 15, 2017 May 5, 2017 $0.44 normal
Feb 24, 2017 Mar 15, 2017 Feb 10, 2017 $0.44 normal
Nov 28, 2016 Dec 15, 2016 Nov 4, 2016 $0.44 normal
Aug 29, 2016 Sep 15, 2016 Aug 5, 2016 $0.44 normal
May 26, 2016 Jun 15, 2016 May 5, 2016 $0.42 normal
Feb 25, 2016 Mar 15, 2016 Feb 12, 2016 $0.42 normal
Nov 25, 2015 Dec 15, 2015 Nov 5, 2015 $0.42 normal
Aug 27, 2015 Sep 15, 2015 Aug 6, 2015 $0.42 normal

DOVER dividend payout ratio

What is DOVER dividend payout ratio compared to the sector

Payout ratio

DOV has a payout ratio of 26.9% which is higher than its peers average but lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 29.8%, DOVER's payout ratio is 10% lower.

Total amount of dividends paid per financial year (from cash flow)

DOV dividend vs peer dividends

How does DOV dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
ITW Illinois Tool Works Inc 2.12% $5.42 55.5%
FLS Flowserve Corp 1.9% $0.8 56.3%
DOV DOVER Corp 1.27% $2.03 26.9%
PH Parker Hannifin Corp 1.14% $5.92 28.9%
DHR Danaher Corp 0.42% $1.05 13.1%
CW Curtiss Wright Corp 0.34% $0.79 8.5%
GE General Electric Co 0.22% $0.32 3.8%

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 is DOVER's next dividend?

DOV's next dividend is scheduled on Feb 28, 2024 (ex-date).

When was DOV's last dividend?

DOVER's last dividend ex-date was on Nov 29, 2023. The dividend amount was $0.51 per share.

How much dividend does DOVER pay (per share)?

DOV has paid dividend of $2.03 per share in the last year.

What is DOVER's dividend yield?

Currently DOVER's dividend yield is 1.27%.

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 26.9%.

Does DOVER pay a good dividend?

DOVER's dividend yield is below the Industrials sector average.