DOV Dover Corporation

Industrials · Specialty Industrial Machinery

8 · Strong Momentum 2.0 · Weak Safe Aristocrat Reports ~Oct 22

191.88

+2.12%

About the company

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market. This segment offers software solutions and services used in light and heavy-duty vehicle lifts, wheel service equipment, vehicle diagnostics, and vehicle collision repair solutions; winches, hoists, bearings, drives, and electric monitoring system; and radio frequency and microwave filters and switches, and signal intelligence solutions, as well as soldering and fluid dispensing solutions. Its Clean Energy & Fueling segment offers component, equipment, and software and service solution enabling safe storage and transport of fuel, cryogenic gases, and hazardous fluids, as well as operation of retail fueling and vehicle wash establishment. The company's Imaging & Identification segment provides precision marking and coding, product traceability equipment, brand protection, and digital textile printing equipment and solution, as well as consumable, software, and service to packaged and consumer goods, pharmaceutical, industrial manufacturing, textile, and other end-market. Its Pumps & Process Solutions segment manufactures specialty pump, connector, flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. The company's Climate & Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications. Dover Corporation was incorporated in 1947 and is headquartered in Downers Grove, Illinois.

Website

1.09%

25.39%

2.10

25.8B

23.20

8.27

210.25

52-week range

192

low 159 high 238

Dividend deep dive

Dover Corporation (DOV) operates in the Specialty Industrial Machinery industry within the Industrials sector. The company currently offers a dividend yield of 1.11%. This yield is at the lower end of its 5-year historical range, which spans from a low of 1.13% to a high of 1.46%. Dover holds a rating score of 8.0. Its momentum score is 1.0, indicating a weaker recent price trend, while its value score is 1.7, suggesting it may not represent a strong value opportunity based on intrinsic metrics.

Dividend history

Dover Corporation has demonstrated a consistent commitment to returning capital, earning it a 'Champion' tier designation for its 29 consecutive years of dividend increases. The company's dividend growth has been modest, with a 3-year Compound Annual Growth Rate (CAGR) of 0.985% and a 5-year CAGR of 0.995%. Looking at the historical dividend per share, it increased from $1.252 in 2014 to $1.90 in 2018, and further to $2.03 in 2023, with projected dividends of $2.05 in 2024 and $2.07 in 2025. This slow growth is also reflected in a dividend doubling time of 72.3 years.

Dividend safety

Dover's dividend safety status is rated as 'safe'. The company's payout ratio stands at 25.42%, indicating that its earnings adequately cover dividend payments. From a leverage perspective, Dover has a debt-to-equity ratio of 43.927%.

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AI-generated from Quantic's dividend data · Updated 14 Sep 2026 · Information, not financial advice.