Dover Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Dover announced a quarterly cash dividend of $0.495 per share, payable on December 14, 2020, to shareholders of record by November 30, 2020. The diversified global manufacturer, generating approximately $7 billion in annual revenue, operates across five segments, emphasizing innovation and operational agility. Dover's commitment to returning value to shareholders is evident in its consistent dividend payments. This announcement underscores the company's stability and ongoing dedication to enhancing shareholder income.

Positive

• Quarterly cash dividend of $0.495 per share indicates financial stability and shareholder return.
• Annual revenue of approximately $7 billion showcases strong business performance.

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• None.

DOWNERS GROVE, Ill., Nov. 5, 2020 /PRNewswire/ -- The Board of Directors of Dover (NYSE: DOV) today declared a regular quarterly cash dividend of $0.495 (forty-nine and one-half cents) per share, payable on December 14, 2020, to shareholders of record as of November 30, 2020.

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $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, operational agility, world-class engineering capability and customer intimacy to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of over 23,000 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 Contact:	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

 

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SOURCE Dover

FAQ

What is the dividend amount declared by Dover?

Dover declared a quarterly cash dividend of $0.495 per share.

When is the dividend payment date for Dover?

The dividend is payable on December 14, 2020.

Who are the shareholders eligible for the dividend?

Shareholders of record as of November 30, 2020, are eligible for the dividend.

How often does Dover pay dividends?

Dover pays dividends on a quarterly basis.

What is Dover's annual revenue?

Dover's annual revenue is approximately $7 billion.