Dover Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

The Board of Directors of Dover declared a quarterly cash dividend of $0.50 per share, payable on December 14, 2021, to shareholders of record as of November 30, 2021. Dover, with annual revenue exceeding $7 billion, operates across five segments: Engineered Products, Fueling Solutions, Imaging & Identification, Pumps & Process Solutions, and Refrigeration & Food Equipment. The company is recognized for its innovative solutions and collaborative approach, employing over 24,000 individuals globally.

Positive

• Quarterly cash dividend of $0.50 promotes shareholder income.
• Annual revenue exceeds $7 billion, indicating strong financial health.

Negative

• None.

DOWNERS GROVE, Ill., Nov. 4, 2021 /PRNewswire/ -- The Board of Directors of Dover (NYSE: DOV) today declared a regular quarterly cash dividend of $0.50 (fifty cents) per share, payable on December 14, 2021, to shareholders of record as of November 30, 2021.

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Fueling Solutions, Imaging & Identification, Pumps & Process Solutions and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com. 

Investor Contacts:	Media Contact:
Andrey Galiuk	Adrian Sakowicz
Vice President – Corporate Development	Vice President – Communications
and Investor Relations	(630) 743-5039
(630) 743-5131	asakowicz@dovercorp.com
agaliuk@dovercorp.com
Jack Dickens
Director - Corporate Development and Investor Relations
(630) 743-2566
jdickens@dovercorp.com

 

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SOURCE Dover

FAQ

What is the dividend amount declared by Dover?

Dover declared a quarterly cash dividend of $0.50 per share.

When will Dover's dividend be paid?

The dividend will be paid on December 14, 2021.

What is the record date for Dover's dividend?

The record date for the dividend is November 30, 2021.

How often does Dover pay dividends?

Dover pays dividends quarterly.

Is Dover's dividend sustainable?

Dover's strong annual revenue suggests a sustainable dividend payout.