Dover Increases Quarterly Dividend From $0.505 To $0.51
Portfolio Pulse from Charles Gross
Dover's Board of Directors has increased its quarterly cash dividend to $0.51 per share, up from the previous $0.505 per share. This marks the 68th consecutive year that the company has increased its annual cash dividend.
August 04, 2023 | 2:36 pm
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Dover has increased its quarterly cash dividend to $0.51 per share, from the previous $0.505 per share. This is the 68th consecutive year the company has increased its annual cash dividend.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could potentially lead to an increase in Dover's stock price in the short term.
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IMPORTANCE 70
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