Does Dover Corporation (DOV) Pay a Dividend? (2026)

Last updated July 2026

Short answer

Yes. Dover Corporation (DOV) pays a dividend yielding about 1.02% as of August 2026, paid quarterly, four times a year. The latest payment on record was $0.52 per share, ex-dividend May 29, 2026. The forward annual rate is roughly $2.08 per share, about $102 a year on a $10,000 position before tax. The payout takes about 25% of earnings. Figures are approximate and dated; verify the current number with your broker.

Does Dover Corporation (DOV) pay a dividend?

Yes. Dover Corporation distributes a dividend yielding roughly 1.02% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.52 per share, with an ex-dividend date of May 29, 2026. Annualized, that is about $2.08 per share.

Dover trades at a mid-teens to high-teens forward earnings multiple, roughly in line with quality diversified industrials, reflecting steady mid-single-digit organic growth, expanding margins, and secular exposure through clean energy, CO2 refrigeration, and data-center cooling. The very low dividend yield near 1 percent understates the appeal of its record 69-year increase streak, which is anchored by a conservative payout ratio and strong free cash flow. The market weighs its secular growth pockets and cash-return record against cyclical end markets and acquisition risk.

DOV dividend at a glance

Dividend yield
1.02%
Annual rate / share
$2.08
Payout ratio
25.15%
Ex-dividend date
2026-05-29
Recent payments per share
2026-05-29$0.52
2026-02-27$0.52
2025-11-28$0.52
2025-08-29$0.52
2025-05-30$0.515
2025-02-28$0.515

DOV dividend data as of August 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with DOV's investor relations page before relying on it.

Is the DOV dividend covered?

Dover Corporation paid out about 25% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest.

Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.

How the DOV dividend has changed

The latest payment of $0.52 per share compares with $0.52 in the equivalent payment a year earlier (May 30, 2025). That is a change of 1.0% over the year.

A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on DOV's investor relations page.

What DOV's dividend means for you

  • Income: about $102 a year per $10,000 invested, before tax.
  • Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
  • Total return: for DOV the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
  • Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
  • If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.

How DOV dividends are taxed

Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.

The bottom line on the DOV dividend

Dover Corporation (DOV) pays about 1.02%, or roughly $2.08 per share a year. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the DOV guide. Walnut can show how DOV fits your real portfolio. It is not an investment adviser.

Investing in Dover Corporation with AI

Connect the broker you already use and ask Walnut's AI how DOV fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.

FAQ

Does Dover Corporation (DOV) pay a dividend?

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Yes. Dover Corporation pays a dividend yielding roughly 1.02% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.52 per share with an ex-dividend date of May 29, 2026. That works out to a forward annual rate of about $2.08 per share. Yields move with the share price, so verify the current figure with your broker or DOV's investor relations page before relying on it.

What is DOV's dividend yield?

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About 1.02% as of August 2026. On a $10,000 position that is roughly $102 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so DOV yields about the same as the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.

How often does DOV pay its dividend?

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Dover Corporation pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of May 29, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on DOV's investor relations page, because boards can change both the amount and the timing.

When is DOV's ex-dividend date?

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The ex-dividend date recorded in our August 2026 data pull is May 29, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check DOV's investor relations page for the next confirmed date.

How much is DOV's dividend per share?

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$0.52 per share in the most recent payment (ex-date May 29, 2026), which annualizes to about $2.08 per share. The equivalent payment a year earlier was $0.52. That is a change of 1.0% year over year.

Has Dover Corporation raised its dividend recently?

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Yes. The latest payment of $0.52 per share is above the $0.52 paid in the same slot a year earlier, an increase of about 1.0%. One raise is not a policy, though: check the multi-year record on DOV's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.

Is DOV's dividend safe?

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Dover Corporation paid out about 25% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.

How much would I earn in dividends from a $10,000 position in DOV?

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At a yield of about 1.02%, roughly $102 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.

Are DOV dividends qualified for tax purposes?

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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.

Should I reinvest DOV dividends?

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Most brokers offer automatic reinvestment (a DRIP) that puts each DOV payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.

Is Dover a Dividend King?

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Yes. Dover is one of the longest-standing Dividend Kings, having raised its dividend for roughly 69 consecutive years, among the longest streaks of any US public company. The yield is low, near 1 percent, but the payout ratio is conservative at around 25 percent.

Walnut is informational, not investment advice. Dividend figures on this page come from a August 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with DOV's investor relations page or your broker before acting on them.

Guides that feature DOV

DOV is one of the names covered in these guides. Each one puts the stock next to its peers so you can see where it fits rather than judging it alone.

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