Dover Dividend
Dividend criteria checks 4/6
Dover is a dividend paying company with a current yield of 1.42% that is well covered by earnings. Last payment was on 15th December, 2022 with an ex-dividend date of 29th November, 2022.
Key information
1.4%
Dividend yield
25%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | 15 Dec 22 |
Ex dividend date | 29 Nov 22 |
Dividend per share | n/a |
Earnings per share | €8.30 |
Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DOV's dividends per share have been stable in the past 10 years.
Growing Dividend: DOV's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Dover Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (DOV) | 1.4% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.6% |
Industry Average (Machinery) | 3.4% |
Analyst forecast in 3 Years (DOV) | 1.6% |
Notable Dividend: DOV's dividend (1.42%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: DOV's dividend (1.42%) is low compared to the top 25% of dividend payers in the German market (5.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.7%), DOV's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49%), DOV's dividend payments are well covered by cash flows.