Dover Corp Dividend yield

Dover Corp is part of Industrial Engineering business, which is part of Industrials industry. Dover Corp is a company from USA, and his stocks are publicly traded.

Dover Corp stock dividend

Dover Corp paid a total dividend of 287 million USD last year, for a market value of 20,762 millions (Market Cap 20,646 millions). Dover Corp dividend per share is 2.05 USD, and his stock market price 148.30 USD.

According to the chart below, where dividend yield is displayed, Dover Corp has a dividend yield of 1.38%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Dover Corp stocks dividend with other Industrial Engineering companies or other of the high USA dividend stocks list.

Dover Corp Dividend Payout

About the ability of Dover Corp to maintain his current dividend of USD 2.05 per share, an amount that accounts for 1.38%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Dover Corp payout on ernings is currently 23.35%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Dover Corpcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Dover Corp is USD 5.77 per share, which is higher than the dividend per share paid by the company of USD 2.05, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Dover Corp, compared againt world market average, USA companies, Industrials industry and Industrial Engineering sector companies.

Dover Corp Dividend History

Below you will find a table with the historical evolution of Dover Corp's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	1.38%	2.05	23.35%	140
2022	1.49%	2.02	22.37%	140
2021	1.10%	2.00	35.03%	144
2020	1.57%	1.98	34.80%	144
2019	1.70%	1.96	40.16%	145
2018	2.71%	1.92	29.49%	148
2017	1.86%	1.88	42.06%	156
2016	2.42%	1.76	36.14%	157
2015	2.55%	1.68	28.28%	157

*In millions

Then you can see the evolution of Dover Corp dividend stock, and compare it with the average of USA stocks and that of the Industrial Engineering stocks.

Dover Corp Stock performance

Finally, last moth Dover Corp showed a return of 1.60% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 18.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Industrial Engineering firms.