Dover Corporation (NYSE:DOV – Get Free Report) declared a quarterly dividend on Thursday, February 12th. Investors of record on Friday, February 27th will be given a dividend of 0.52 per share by the industrial products company on Friday, March 13th. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, February 27th.
Dover has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 70 years. Dover has a dividend payout ratio of 20.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Dover to earn $10.29 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 20.2%.
Dover Price Performance
Shares of NYSE:DOV opened at $230.92 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.79 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average price of $204.51 and a 200 day moving average price of $186.09. Dover has a 52 week low of $143.04 and a 52 week high of $237.54. The company has a market cap of $31.67 billion, a P/E ratio of 29.08, a PEG ratio of 1.79 and a beta of 1.29.
Key Stories Impacting Dover
Here are the key news stories impacting Dover this week:
- Positive Sentiment: Zacks Research raised several near‑ and medium‑term EPS estimates (notably Q2/Q3 2026 and FY2026/FY2028), which improves the earnings outlook and supports Dover’s valuation if results track these upgrades. Zacks estimates report
- Positive Sentiment: The board declared a regular quarterly cash dividend of $0.52/share (record Feb. 27; payable Mar. 13), underscoring return‑of‑capital discipline and helping income investors maintain interest in the stock. Dover Declares Regular Quarterly Cash Dividend
- Neutral Sentiment: Several broker notes cited recently moved price targets and ratings (mixed upgrades/raises but some sector‑perform/hold stances), which provide context but no clear one‑way catalyst. Analyst coverage summary
- Neutral Sentiment: Minor institutional activity noted (small position changes by several funds); overall ownership remains heavily institutional, so flows could matter if they scale but current moves are modest. Institutional flow details
- Negative Sentiment: Insider selling: VP Girish Juneja sold 1,500 shares (~15% reduction of his holding) at about $230.77 on Feb. 11. While not large relative to total float, insider sales can trigger short‑term negative sentiment or profit‑taking. Form 4 filing
Dover Company Profile
Dover Corporation is a diversified global manufacturer of industrial products, components and specialty systems that serve a wide range of commercial and industrial end markets. Headquartered in Downers Grove, Illinois, the company has built a portfolio of operating businesses that design, manufacture and distribute engineered equipment, aftermarket parts and related services for customers around the world.
Dover’s activities span several product and solution categories, including fluid-handling and pumping systems, material handling and processing equipment, refrigeration and foodservice technologies, product identification and printing systems, precision components and automation and sensing solutions.
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