Dover Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Dover's Board of Directors has announced a quarterly cash dividend of $0.505 per share, payable on December 15, 2022. This dividend will benefit shareholders of record as of November 30, 2022. Dover, a diversified global manufacturer with over $8 billion in annual revenue, operates across five segments, including Engineered Products and Clean Energy. The company employs over 25,000 people and is recognized for its operational agility in the markets it serves.

Positive

• Quarterly cash dividend of $0.505 per share declared.
• Company demonstrates strong annual revenue exceeding $8 billion.

Negative

• None.

DOWNERS GROVE, Ill., Nov. 3, 2022 /PRNewswire/ -- The Board of Directors of Dover (NYSE: DOV) today declared a regular quarterly cash dividend of $0.505 (fifty and one-half cents) per share, payable on December 15, 2022, to shareholders of record as of November 30, 2022.

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. 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 25,000 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:
Jack Dickens
Senior Director - Investor Relations
(630) 743-2566
jdickens@dovercorp.com

Media Contact:
Adrian Sakowicz
Vice President – Communications
(630) 743-5039
asakowicz@dovercorp.com 

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SOURCE Dover

FAQ

What is the dividend amount declared by Dover?

Dover declared a quarterly cash dividend of $0.505 per share.

When is the dividend payable to shareholders?

The dividend is payable on December 15, 2022.

What is the record date for the dividend?

The record date for the dividend is November 30, 2022.

How does Dover's revenue impact shareholders?

Dover's annual revenue exceeding $8 billion reflects the company's stability and potential for consistent dividends.