Dover Corporation (DOV) Dividend History
Income profile from 1982 to 2026 with payout safety and yield-on-cost trend
DOV Dividend Income Check
Safety
25.9% payout ratio with sustainable safety profile.
Consistency
41 straight years of dividend increases.
Income Trend
Yield on cost is 1.7% and trend is flat.
DOV Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
DOV Income Growth Story
Dividend per share and yield on cost over time (45 years of payments)
DOV Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Dover Corporation distributes 25.9% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 24.3%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
DOV has raised its dividend for 41 consecutive years, with a 3-year CAGR of 1.0% and 5-year CAGR of 1.0%.
Total Shareholder Returns
Beyond cash dividends, DOV returns capital through share repurchases. The combined picture: 0.9% dividend yield, 1.8% buyback yield, 2.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.7% and is currently flat. The 5-year total return is 51.1%, with dividends contributing 6.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $47,079 today.
DOV Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 27, 2026Latest | $0.5200 | — | 92.02% | Mar 13, 2026 |
| Nov 28, 2025 | $0.5200 | — | 1.12% | Dec 15, 2025 |
| Aug 29, 2025 | $0.5200 | ↑ +1.0% | 1.15% | Sep 15, 2025 |
| May 30, 2025 | $0.5150 | — | 1.16% | Jun 16, 2025 |
| Feb 28, 2025 | $0.5150 | — | 1.03% | Mar 14, 2025 |
| Nov 29, 2024 | $0.5150 | — | 99.56% | Dec 16, 2024 |
| Aug 30, 2024 | $0.5150 | ↑ +1.0% | 1.10% | Sep 16, 2024 |
| May 31, 2024 | $0.5100 | — | 1.11% | Jun 14, 2024 |
DOV Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $29.8B | 0.9% | 25.9% | 41 | Sustainable | |
1st | $73.6B | 2.4% | 58.2% | 12 | Sustainable |
2nd | $79.0B | 1.5% | 52.0% | 37 | Sustainable |
| $111.8B | 0.7% | 24.4% | 33 | Sustainable | |
| $50.4B | 1.2% | 68.0% | 20 | Watch | |
| $53.7B | 0.5% | 19.3% | 16 | Sustainable | |
| $36.3B | 0.9% | 23.1% | 12 | Sustainable | |
3rd | $27.5B | 1.4% | 40.9% | 15 | Sustainable |
| $4.4B | 1.1% | 34.0% | 32 | Sustainable |
DOV Annual Dividend History (1982–2026)
45 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.52 | — | 1 | — | — | — | 0.4% |
| 2025 | $2.07 | 1.0% | 4 | $7.92 | 26.1% | 3.83x | 1.7% |
| 2024 | $2.05 | 1.0% | 4 | $19.45 | 10.5% | 9.49x | 1.7% |
| 2023 | $2.03 | 1.0% | 4 | $7.52 | 27.0% | 3.70x | 1.6% |
| 2022 | $2.01 | 1.0% | 4 | $7.42 | 27.1% | 3.69x | 1.6% |
| 2021 | $1.99 | 1.0% | 4 | $7.74 | 25.7% | 3.89x | 1.6% |
| 2020 | $1.97 | 1.5% | 4 | $4.70 | 41.9% | 2.39x | 1.6% |
| 2019 | $1.94 | 7.2% | 4 | $4.61 | 42.1% | 2.38x | 1.6% |
| 2018 | $1.81 | 23.1% | 4 | $3.75 | 48.3% | 2.07x | 1.5% |
| 2017 | $1.47 | 5.8% | 4 | $5.15 | 28.5% | 3.50x | 1.2% |
Full DOV Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See DOV's True Return
Price is only half the story. See total return with reinvested dividends.
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DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
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Start ComparisonDOV — Frequently Asked Questions
Quick answers to the most common questions about buying DOV stock.
How much dividend does DOV pay per share?
Dover Corporation (DOV) pays a trailing 12-month dividend of $2.05 per share, with a current dividend yield of +0.9%. Payments are made Annual.
When is DOV's next ex-dividend date?
DOV's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. DOV typically pays dividends Annual.
Is DOV's dividend safe?
DOV's dividend safety is rated "Sustainable" based on an earnings payout ratio of +25.9% and FCF payout ratio of +24.3%. With 41 consecutive years of dividend growth, the track record supports sustainability.
Is DOV a Dividend Aristocrat?
Yes, Dover Corporation is classified as a Dividend Aristocrat with 41 consecutive years of dividend increases. The 5-year dividend CAGR is +1.0%, demonstrating modest dividend growth.
How often does DOV pay dividends?
Dover Corporation pays dividends Annual. The trailing 12-month total is $2.05 per share. Dividend data on this page covers 44+ years from 1982 to 2026.
How much would $10,000 invested in DOV grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in DOV five years ago would be worth approximately $15,112 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is DOV's yield on cost for long-term holders?
DOV's yield on cost — the current dividend divided by the original purchase price — is +1.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.9% market yield, thanks to consistent dividend growth.