Dover Corporation: Dover Increases Dividend By 7%
August 04 2017 - 3:05PM
DOVER INCREASES DIVIDEND BY
7%
DOWNERS GROVE,
Ill., August 4, 2017 - The Board of Directors of Dover (NYSE:
DOV) today increased its quarterly cash dividend to $0.47
(forty-seven cents) per share, from the previous $0.44 (forty-four
cents) per share, an increase of $0.03 (three cents) or 7%. This is
the 62nd consecutive
year in which the Company has increased its annual cash dividend.
With this increase, Dover has the third longest record of
consecutive annual dividend increases of listed companies, as
reported by Mergent's Dividend Achievers.
This increased dividend will be
paid on September 15, 2017 to shareholders of record as of
August 31, 2017.
About
Dover:
Dover is a diversified global
manufacturer with annual revenue exceeding $7 billion. We deliver
innovative equipment and components, specialty systems, consumable
supplies, software and digital solutions, and support services
through four operating segments: Engineered Systems, Fluids,
Refrigeration & Food Equipment and Energy. Dover combines
global scale with operational agility to lead the markets we serve.
Recognized for our entrepreneurial approach for over 60 years, our
team of 29,000 employees takes an ownership mindset, collaborating
with customers to redefine what's possible. Headquartered in
Downers Grove, Illinois, Dover trades on the New York Stock
Exchange under "DOV." Additional information is available at
dovercorporation.com.
Investor
Contact:
Paul
Goldberg
Vice President - Investor
Relations
(212) 922-1640
peg@dovercorp.com
Media
Contact:
Adrian Sakowicz
Vice President - Communications
(630) 743-5039
asakowicz@dovercorp.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Dover Corporation via Globenewswire
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