The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Sep 01, 2026
Snapshot (as of Sep 01, 2026): Dover Corporation (DOV) pays a $2.09 annual dividend ($0.53 quarterly), yielding 1.10% at $189.86/share. Next ex-dividend date 2026-08-31. 41 consecutive years of dividend growth (Dividend Aristocrat). Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.10%
Annual Dividend: $2.09 per share
Payout Ratio: 24.8%
Ex-Dividend Date: 2026-08-31
Dividend Frequency: quarterly
Sector: Industrials
Years of Dividend History: 45
Dover Corporation dividend history spans more than four decades, backed by a business that makes industrial equipment, pumps, refrigeration systems, and fuel-handling components for customers across manufacturing, energy, and retail. The current yield is 1.05%, with a trailing annual dividend rate of $2.0850 per share paid quarterly. The next ex-dividend date is August 31, 2026. DOV is a Dividend Aristocrat, making it a fit for investors who prioritize unbroken income growth over yield size, particularly given its beta of 1.156.
Dover Corporation pays out 24.8% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to sustain and grow the dividend even if earnings soften, and DOV's diversified revenue base, spanning industrial automation, clean energy fueling, and climate technologies, spreads demand risk across multiple end markets. Dover Corporation dividend safety is most at risk from a broad industrial slowdown, since the company's revenues are tied to capital spending cycles in manufacturing and infrastructure.
Dover Corporation dividend history shows a CAGR of 7.1% per year from 2011 to 2025. Per-share payments grew from $0.7910 to $2.0700 over that window (2026 data is partial and excluded from the rate calculation). The smallest annual increase in the window was 1.0% in 2021, which shows that growth, while unbroken, has slowed materially in recent years.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +1.0% | $2.01 (2022) | $2.07 (2025) |
| 5-Year | +1.0% | $1.97 (2020) | $2.07 (2025) |
| 10-Year | +4.6% | $1.32 (2015) | $2.07 (2025) |
Dover Corporation suits dividend investors who value an unbroken payment record over a high current yield. The yield sits at 1.05%, classified as low (below 2%), and sits only marginally above its 5-year average of 1.02%, so there is no meaningful yield expansion on offer. What DOV does provide is 41 consecutive years of dividend increases, the defining credential of a Dividend Aristocrat. The trade-off is clear: the payout ratio of 24.8% confirms the dividend is well-covered, but recent annual increases have slowed to the low single digits, so income growth is modest. This stock fits investors who want durability, not size.
DOV is a Dividend Aristocrat with 41 consecutive years of dividend increases.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-31 | $0.5250 |
| 2026-05-29 | $0.5200 |
| 2026-02-27 | $0.5200 |
| 2025-11-28 | $0.5200 |
| 2025-08-29 | $0.5200 |
| 2025-05-30 | $0.5150 |
| 2025-02-28 | $0.5150 |
| 2024-11-29 | $0.5150 |
| 2024-08-30 | $0.5150 |
| 2024-05-31 | $0.5100 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.5650 |
| 2025 | $2.0700 |
| 2024 | $2.0500 |
| 2023 | $2.0300 |
| 2022 | $2.0100 |
Project income from DOV with the DOV dividend calculator or track your full portfolio with the dividend tracker.