DOVER's most recent quarterly dividend was on May 30, 2023 (ex-date) with a cash dividend payment of $0.505 per share. On an annualized basis, the company has a current payout of $2.02 per share. This brings the dividend yield to 1.5% based on its recent close price.
DOV has a dividend yield of 1.5% which is above the industry and its peers average but below the Industrials sector average. But compared to its Industrials sector average of 1.55%, DOVER's dividend yield is only 3.2% lower. The historical 5-year average of DOV's dividend yield is 1.7%, which is above the current yield.
DOVER has been paying dividends since 1995. 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 1.7% from a year ago, the dividend yield has decreased by 0.4%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
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 |
DOV has a payout ratio of 26.8% which is higher than its peers average but lower than the Industrials sector and the industry average. But if we consider the Industrials sector average of 27.9%, DOVER's payout ratio is only 3.9% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
ITW Illinois Tool Works Inc | 2.25% | $5.15 | 51.4% |
FLS Flowserve Corp | 2.24% | $0.8 | 45.5% |
PH Parker Hannifin Corp | 1.61% | $5.47 | 46.7% |
DOV DOVER Corp | 1.44% | $2.02 | 26.8% |
CW Curtiss Wright Corp | 0.45% | $0.76 | 9.4% |
DHR Danaher Corp | 0.43% | $1.02 | 10.8% |
GE General Electric Co | 0.3% | $0.32 | 4.2% |
Yes, DOVER has paid four dividends in the last 12 months. DOV has been paying dividends since 1995.
Currently DOV's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in August 2023.
DOVER's last dividend ex-date was on May 30, 2023. The dividend amount was $0.505 per share.
DOV has paid dividend of $2.02 per share in the last year.
Currently DOVER's dividend yield is 1.5%.
DOVER has a quarterly dividend frequency.
The dividend payout ratio of DOVER is 26.8%.
DOVER's dividend yield is similar to the Industrials sector average.