Breaking News: Dover Corporation Declares Dividend – Is It Worth Investing In? – Get the details here in this article. Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide and has announced a dividend payout of $0.505 per stock.
This dividend announcement comes after a strong performance by the company in the fiscal year 2022, with Dover Corporation reporting total revenue of 8.54 billion USD with a total net income of 1.07 billion USD. The company’s total revenue from operations also saw healthy growth.
The dividend announcement is a reflection of Dover Corporation’s strong financial performance and its commitment to creating value for its shareholders. Investors who are looking for long-term investments with consistent dividend income can consider adding Dover Corporation to their investment portfolio.
The dividend payout of $0.505 per stock represents a dividend yield of approximately 1.4% based on Dover Corporation’s current market price of $144.51 per stock.
Investors who hold Dover Corporation stocks are likely to benefit from this announcement as they will receive the dividend payout. Dover Corporation’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.
The ex-dividend date is 30 May 2023. Therefore, investors who wish to receive the dividend must purchase Dover Corporation stocks before 30 May 2023.
Dover Corporation Dividend History | Breaking News: Dover Corporation Declares Dividend – Is It Worth Investing In?
Dover Corporation Dividend – The current dividend yield of Dover Corporation is 1.4%.
| Dividend | Amount | Date |
| Cash Dividend | $0.505 | Feb 27, 2023 |
| Cash Dividend | $0.505 | Nov 29, 2022 |
| Cash Dividend | $0.505 | Aug 30, 2022 |
| Cash Dividend | $0.500 | May 27, 2022 |
| Cash Dividend | $0.500 | Feb 25, 2022 |
| Cash Dividend | $0.500 | Nov 29, 2021 |
Dividend Stocks 2023
Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide.
Dover Corporation management:
President, Chief Executive Officer, and Director – Richard Joseph Tobin
Website: dovercorporation.com
Conclusion
In conclusion, Dover Corporation’s dividend announcement of $0.505 is a positive development for investors who hold stocks in the company. Investors should take note of the ex-dividend date of 30 May 2023, and consider adding Dover Corporation to their investment portfolio for long-term growth and consistent dividend income.
Disclaimer: This is not investment advice, this information is only for educational purposes.
FAQ | Best Dividend Stocks 2023
Is Dover Corporation a good investment?
As per experts, Dover Corporation looks suitable for long-term investment.
Is Dover Corporation Government or Private?
Dover Corporation is a private company.
Is Dover Corporation a dividend-paying stock?
Yes, Dover Corporation is a dividend-paying stock. The current dividend yield of Dover Corporation is 1.4%.
What does Dover Corporation do?
Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide.
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