Dover increases dividend for 60th consecutive year

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Dividend Aristocrat Dover Corporation will raise its dividend by 5%.

Dover will increase its quarterly dividend from $0.40 to $0.42 per share. The diversified global manufacturer now has raised it's dividend for 60 consecutive years.

The new annual dividend of $1.68 per share gives Dover an indicated dividend yield of 2.6% based on today's closing price of $64.09 per share.

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