Dover Corp. (DOV)

Exchange: New York Stock Exchange
Currency: USD

 
Price: 123.54 (Close)

Summary

 

52 Week range 200d Moving Avg. Beta
64.49 – 125.84 107.47 1.19
Dividend Dividend Yield Ex-Dividend date
1.96 1.62% 2020-11-27
P/E Ratio Latest EPS DGR 3 years
26.72 3.76 4.09%
Overvalued
Low
High Volatility
High
Slow
Dividend Growth
Fast

Profile

Dover Corp. engages in the manufacture of equipment, components, and specialty systems. It also provides supporting engineering, testing, and other similar services. It operates through the following segments: Engineered Systems, Fluids, and Refrigeration and Food Equipment. The Engineered Systems segment focuses on the design, manufacture, and service of critical equipment and components serving the fast-moving consumer goods, digital textile printing, vehicle service, environmental solutions, and industrial end markets. The Fluids segment focuses on the safe handling of critical fluids and gases the retail fueling, chemical, hygienic, and industrial end markets. The Refrigeration and Food Equipment segment provides innovative and energy-efficient equipment and systems serving the commercial refrigeration and food equipment end markets. The company was founded by George L. Ohrstrom in 1947 and is headquartered in Downers Grove, IL.

 

Sector: Industry:
Producer Manufacturing Miscellaneous Manufacturing
Dividend Aristocrat Dividend King

Environment, Social and Governance (ESG) Ratings

Total ESG Score

31 – 55 percentile

Environment

9 – 6 percentile

Social

18 – 6 percentile

Governance

10 – 6 percentile

Controversy level

1

Peers

Dividend aristocrats in the same sector are:
– 3M Company (MMM)
– Automatic Data Processing (ADP)
– Grainger (W.W.) Inc. (GWW)
– Emerson Electric Company (EMR)
– Illinois Tool Works (ITW)
– General Dynamics (GD)
– Pentair Ltd. (PNR)
– Cintas Corporation (CTAS)
– Stanley Black & Decker (SWK)
– A.O. Smith (AOS)
– Caterpillar Inc. (CAT)
– Roper Technologies (ROP)
– Expeditors International of Washington, Inc (EXPD)
– Raytheon Technologies Corporation (RTX)


Dividend Safety Metrics

Latest EPS 3.76
Annual Payout 1.96
Payout Ratio 52.13%
Dividend growth 64 Years
Dividend Score 63
Dividend Coverage Ratio 2.35
Altman-Z score 3.98 Safe Zone

 


Estimated Future Total Return Metrics

Total return last 5Y 15.70%
Dividend growth 5Y 4.59%
Current dividend yield 1.62%
Average dividend yield last 5Y 2.23%
Estimated EPS growth next 5Y 1.20%
Extra return due to over/under valuation -6.20%
Estimated future return 5Y (CAGR) -2.70%

 

Dover Corp. (DOV) Valuation


Dover Corp. current dividend yield of 1.62% is -27% below its 5-year average. The 5-year average dividend yield is 2.23% (see red-line in chart). This indicates the stock looks overvalued today.

Dover Corp. (DOV) Performance

The chart below displays the total price return(%) of Dover Corp. for different periods:

 

Dover Corp. (DOV) Total Return

The chart below displays the (CAGR) total return (%) including all dividends paid of Dover Corp. for different periods:

 


Dividend Scorecard

Dividend Yield (TTM) Annual Payout Payout Ratio Dividend growth
1.62 1.96 52.13% 64 Years

 

Dividend Growth Summary

3 Year Growth Rate (CAGR) 4.09%
5 Year Growth Rate (CAGR) 4.59%
10 Year Growth Rate (CAGR) 8.65%

Dividend Growth Rates History

Year Payout Amount Annual Payout Growth (YoY)
2020 1.970 -%
2019 1.940 2.1%
2018 1.900 4.4%
2017 1.820 5.8%
2016 1.720 4.9%
2015 1.640 5.8%
2014 1.550 28.8%
2013 1.203 9.0%
2012 1.104 12.7%
2011 0.979 10.3%
2010 0.888 4.9%
2009 0.847 13.3%
2008 0.747 16.9%
2007 0.639 8.5%
2006 0.589 7.6%
2005 0.548 8.2%

Dover Corp. (DOV) Dividend Payment History