Dover Corp Dividend yield




   USD/share 
 Price  156.90
 Dividend  1.99
 Earnings  8.81
 Cash-flow  7.77
 Book value  29.06
 Equity  26.38

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 paid a total dividend of 287 million USD last year, for a market value of 22,594 millions (Market Cap 22,467 millions). Dividend per share of Dover Corp is 1.99 USD, and his stock market price 156.90 USD.

According to the chart below, where dividend yield is displayed, Dover Corp has a dividend yield of 1.27%, 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 dividend yield with other Industrial Engineering companies or firms from USA.

Dividend yield of Dover Corp

Dover Corp Dividend Payout

About the ability of Dover Corp to maintain his current dividend of USD 1.99 per share, an amount that accounts for 1.27%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Dover Corp payout on ernings is currently 22.59%, which is lower than the market average and companies of Industrials industry, which are 38.25% and 34.62% 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 7.77 per share, which is higher than the dividend per share paid by the company of USD 1.99, 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 payout

Dover Corp Dividend History

Year Yield  USD  Paypout  Shares* 
Present1.27%1.9922.59%144
20211.10%2.0035.03%144
20201.57%1.9834.80%144
20191.70%1.9640.16%145
20182.71%1.9229.49%148
20171.86%1.8842.06%156
20162.42%1.7636.14%157
20152.55%1.6828.28%157

*In millions

Dover Corp Stock performance

Finally, last moth Dover Corp showed a return of 0.00% compared to a worldwide 1.12% average, and a 1.26% of Industrials firms. Over the last year, the company obtained a 14.40% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for USA and Industrial Engineering firms.

Dover Corp stock and market return