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Dover Corporation (DOV) logo

DOV/Industrials · Specialty Industrial Machinery/NYSE

Dividend Yield

0.91%

$2.08 · Annual Dividend

Stock Price$230.73P/E27.9MCap30.9BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

84/ 100Very Safe

DOV's dividend appears very safe. Strengths include a 25.9% earnings payout ratio & 24.8% fcf payout ratio. Areas of concern: Volatile profit margin stability & 1.0% 5-year dividend cagr. As a Dividend Aristocrat with 25+ consecutive years of increases, DOV has a proven commitment to shareholders.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 25.9%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 24.8%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 19.4%Operating cash flow strongly supports the payout.

Risks

  • Profit Margin Stability: VolatileProfit margins have been volatile.
  • 5-Year Dividend CAGR: 1.0%Dividend growth has been weak or negative.

Payout & Coverage

Very Safe
25.9%Very Safe
24.8%Very Safe
19.4%Very Safe
13.5xVery Safe

Balance Sheet

Safe

Profitability

Safe

Dividend Track Record

Safe
Aristocrat (25+ yrs)Very Safe
NoneVery Safe
GrowingVery Safe

About Dover Corporation

Dover Corporation is a diversified global manufacturer providing equipment, components, consumable supplies, aftermarket parts, software, digital solutions, and support services across multiple industrial sectors. The company operates through five primary business segments: Engineered Products, which serves the vehicle aftermarket, aerospace and defense, industrial automation, and fluid dispensing markets; Clean Energy and Fueling, offering components and equipment for safe storage, transport, and dispensing of traditional and clean fuels, cryogenic gases, and related solutions for convenience retail and vehicle wash facilities; Imaging and Identification, supplying precision marking, coding, product traceability, and digital textile printing equipment for packaged goods, pharmaceuticals, and industrial manufacturing; Pumps and Process Solutions, providing specialty pumps, flow meters, precision components, and polymer processing equipment for biopharmaceutical production and industrial applications; and Climate and Sustainability Technologies, delivering energy-efficient refrigeration, heating and cooling, and beverage can-making equipment. Founded in 1947 and headquartered in Downers Grove, Illinois, Dover serves diverse end-markets worldwide through direct sales, distributors, and partnerships, positioning itself as an important supplier of specialized industrial equipment and solutions.

Dividend Overview

Dividend Yield

0.91%

Annual Dividend

$2.08

Frequency

Quarterly

Payout Ratio

25.94%

FCF Payout Ratio

24.84%

52-Week Range

$158.97 - $237.54

Dividend History (2016–2025)

DOV annual dividend per share and yield history

Earnings & Profitability

DOV earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 29, 2026

Last Payment Date

June 15, 2026

Dividend Growth

3-Year Dividend CAGR

0.99%

5-Year Dividend CAGR

1.00%

10-Year Dividend CAGR

4.56%

3-Year Total Growth

2.99%

5-Year Total Growth

5.08%

10-Year Total Growth

56.26%

Dividend Aristocrat (25+ yrs)

This company has increased its dividend for 25+ consecutive years.

Income Calculator

DOV Dividend Calculator

Total Investment

$23,073.00

Annual Income

$208.00

Quarterly Income

$52.00

Monthly Income

$17.33

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Frequently Asked Questions

What is DOV's current dividend yield?
Dover Corporation (DOV) currently has a dividend yield of 0.91%, based on a stock price of $230.73 and an annual dividend of $2.08.
When is DOV's next dividend payment date?
DOV's next ex-dividend date is 2026-05-29 and the next payment date is 2026-06-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does DOV pay in dividends per year?
Dover Corporation paid $2.07 per share in annual dividends in 2025. The dividends are paid quarterly.
Has DOV been increasing its dividend?
Yes, Dover Corporation is a Dividend Aristocrat (25+ yrs). Its dividend has grown at a 5-year CAGR of 1.00%, a 3-year CAGR of 0.99% and a 10-year CAGR of 4.56%.
Is DOV's dividend safe?
Dover Corporation has a payout ratio of 25.94%. Its free cash flow payout ratio is 24.84%. A payout ratio below 60% is generally considered sustainable.
How is DOV's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Dover Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for industrials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.