Welcome to our dedicated page for Dover news (Ticker: DOV), a resource for investors and traders seeking the latest updates and insights on Dover stock.
Dover Corporation (NYSE: DOV) delivers engineered solutions across clean energy, industrial manufacturing, and advanced technologies. This dedicated news hub provides investors and industry professionals with essential updates about the company's strategic developments.
Access official press releases covering earnings results, product innovations, sustainability initiatives, and operational milestones. Our curated collection simplifies tracking DOV's progress in key segments including Climate & Sustainability Technologies, Pumps & Process Solutions, and Clean Energy & Fueling systems.
Stay informed about leadership changes, partnership announcements, and market expansions through verified updates. All content is organized chronologically for quick reference, with clear sourcing to ensure reliability. Bookmark this page for efficient monitoring of Dover's advancements in industrial automation, digital identification systems, and specialized manufacturing solutions.
SWEP, a part of Dover (NYSE: DOV), has launched the B222 large-size model, expanding its All-Stainless range of brazed plate heat exchangers (BPHEs) aimed at industrial applications. This model is designed for demanding environments with aggressive mediums, offering high corrosion resistance and efficiency. Following the introduction of the B221 model, the All-Stainless range now includes six products. The B222 enhances Dover's portfolio, reinforcing its market position in delivering innovative solutions in heat transfer technology.
Techcon, part of Dover (NYSE: DOV), has launched the TS9800 Series Jet Valve Dispensing System, recognized as the fastest dispensing system available. This innovative system features the TS9800 Jet Valve and TS980 Smart Controller, utilizing piezo non-contact jetting technology for superior speed and accuracy. Capable of dispensing 0.5 nanoliters at rates of 1,500 to 2,000 dots per second, it targets electronic and medical device manufacturers seeking efficiency and high quality. The system is Industry 4.0 compliant, enabling remote access and control.
Mouvex, a brand under Dover (NYSE: DOV), announced the launch of its new H-FLO and G-FLO Series Eccentric Disc Pumps in North America on March 15, 2022. Designed for critical hygienic, chemical, and industrial applications, these pumps can handle highly viscous fluids and soft particles. The H-FLO pump is well-suited for food and pharmaceutical sectors, while the G-FLO pump is tailored for chemical-processing applications. Both pumps emphasize superior performance, maintenance ease, and compliance with industry standards.
Dover, based in Downers Grove, Illinois, has announced that its President and CEO, Richard J. Tobin, will present at two major industry conferences in March 2022. The presentations are scheduled for March 16, 2022, at the J.P. Morgan Industrials Conference at 8:00 a.m. ET, and on March 17, 2022, at the Bank of America Securities Global Industrials Conference at 11:40 a.m. ET. Live webcasts will be accessible on dovercorporation.com, with replays available for 90 days. Dover is a global manufacturer with approximately $8 billion in annual revenue.
Chief Collision Technology, a segment of Dover (NYSE: DOV), has expanded its network of Paintless Dent Repair (PDR) shops in the United States. This expansion aims to provide an all-in-one repair solution for insurance companies, dealerships, and fleet managers, eliminating the need for costly staffing at CAT sites. Chief's PDR Network can mobilize within 48 hours after a hail event, offering comprehensive hail damage management using innovative technology like the Constellation™ touchless 3D scanning system. This initiative aligns with Dover's mission to deliver high-quality solutions in collision technology.
Dover Digital Printing (NYSE: DOV) announced a strategic partnership with G-TEC Global to provide eco-friendly PVC material solutions aimed at enhancing packaging and visual communication standards. This collaboration emphasizes quality color management and environmentally friendly practices. G-TEC, a UK-based manufacturer, brings over 30 years of experience and innovative products. Their new eco-friendly materials are now available, supported by Caldera's digital workflow, promoting sustainability within the industry.
Dover (NYSE: DOV) announced that President and CEO Richard J. Tobin will present at two upcoming conferences: the Barclays Industrial Select Conference on February 23, 2022, at 1:50 pm ET, and the Citi 2022 Global Industrial Tech and Mobility Conference on February 24, 2022, at 8:50 am ET. Both events will take place in Miami, FL. Live audio webcasts will be available on dovercorporation.com, with replays accessible for 90 days post-event. Dover, a global manufacturer, reported annual revenues of approximately $8 billion.
The Board of Directors of Dover (NYSE: DOV) has declared a quarterly cash dividend of $0.50 per share, payable on March 15, 2022. Shareholders on record by February 28, 2022 will benefit from this dividend. Dover, a global manufacturer with annual revenues of approximately $8 billion, operates across five segments including Engineered Products and Clean Energy. This announcement underscores Dover's commitment to returning value to shareholders while maintaining stable operations.
Dover (NYSE: DOV) has expanded its environmental product offering with the introduction of Hillphoenix's CO2One™ single-condensing unit. This new unit supports businesses with natural refrigerants while minimizing environmental impact. The CO2One is available in single-condensing and split system configurations and is designed to comply with emerging regulations by replacing HFC units. Notably, it can enhance existing refrigeration systems while reducing installation complexities and potential refrigerant leaks, offering economic and environmental benefits.
Dover (NYSE: DOV) reported a strong performance for Q4 and full year 2021, achieving revenue of $2.0 billion for Q4, a 12% increase year-over-year, and $7.9 billion for the full year, up 18%. Net earnings saw a significant rise of 99% to $363 million for Q4, with diluted EPS jumping to $2.49. For 2021, GAAP net earnings reached $1.124 billion and diluted EPS rose to $7.74, reflecting a 64% increase. Despite operational challenges, Dover anticipates continued growth in 2022, forecasting GAAP EPS between $7.45 and $7.65, driven by robust demand and strategic investments.
