Dover increases dividend for 59th consecutive year

Dividend Aristocrat Dover will raise its quarterly dividend by 6,7%.

The Industrial company has announced an increase of almost 7% from $0,375 to $0,40 per quarter.

Dover now has the fourth longest record of consecutive annual dividend increases of all listed companies, with a 59 year trackrecord.

At today's closing price of $84,25 the new annual dividend of $1,60 per share gives Dover (ticker symbol DOV) a dividend yield of 1,9%.

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