Dividend King and Dividend aristocrats Dover Corp. (ISIN: US2600031080, NYSE: DOV) will pay its shareholders a quarterly dividend of $ 0.49. This increases the company’s dividend by 2% or 1 US cents from $0.48. The increase is equivalent to an annual payout of $ 1.96.
The current dividend yield at the stock market price of $ 94.39 (as of August 1st, 2019) is 2.08%. Payment will be made on September 16, 2019 (Record day: August 30, 2019). Dover increases its payout for the 64th consecutive year.
See below the dividend payment history since 2005
Dover Corporation is a manufacturer of industrial products and employs approximately 24,000 people. In the second fiscal quarter of fiscal 2019, the company generated revenue of $ 1.81 billion, compared to $ 1.8 billion a year ago, as announced on July 18.
Year-to-date Dover is up 33,04% and the current market capitalization amounts to 13.7 billion US dollar (as of August 1st, 2019).