Dover Corporation Boosts Quarterly Dividend for 70th Consecutive Year

Dover Corporation's Latest Dividend Announcement



In a major announcement made on August 8, 2025, Dover Corporation, a leader in diversified manufacturing, has increased its quarterly cash dividend from $0.515 to $0.52 per share. This represents a modest increase of $0.005 per share, but signifies a noteworthy milestone for the company as it marks the 70th consecutive year that Dover has raised its annual cash dividend. This ongoing commitment to returning capital to shareholders highlights Dover's strong financial health and its long-standing tradition of shareholder value enhancement.

The new dividend rate will be applicable for the shareholders of record as of August 29, 2025, and the payment is scheduled for September 15, 2025. Such consistency in dividend payments is a clear indication of the company's reliable performance in the market and its dedication to ensuring shareholder satisfaction.

Founded over 70 years ago, Dover Corporation has successfully positioned itself as a global leader within its field, generating annual revenues exceeding $7 billion. The company operates through several segments, including Engineered Products, Clean Energy Fueling, Imaging Identification, Pumps Process Solutions, and Climate Sustainability Technologies. This diverse operational model allows Dover to maintain a robust market presence across various industries.

Dover's strategic initiatives and entrepreneurial spirit have enabled it to adapt to evolving market demands while continuing to innovate. With approximately 24,000 employees, Dover emphasizes a collaborative approach with customers to expand the possibilities of what can be achieved within their respective industries. Headquartered in Downers Grove, Illinois, the company is publicly traded on the New York Stock Exchange under the symbol “DOV.”

In summary, Dover Corporation's decision to increase its dividend showcases its financial strength and commitment to providing value for its shareholders. As the company continues to grow and evolve, its steadfast dedication to maintaining a strong dividend policy will likely help cement its reputation within the industry for years to come. Today's announcement not only reflects success over the previous decades but also sets the stage for a promising future as Dover continues to innovate and expand its core offerings.

For further information about Dover Corporation and its financial announcements, interested investors and stakeholders can visit the company’s official website at dovercorporation.com.

Topics General Business)

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