Stock News in Focus: Dover (NYSE:DOV)

Dover (NYSE:DOV) stock identified change of 43.38% away from 52-week low price and recently located move of -8.78% off 52-week high price. It has market worth of $13807.37M and dividend yield of 2.03%. DOV stock has been recorded -2.52% away from 50 day moving average and 5.68% away from 200 day moving average. Moving closer, we can see that shares have been trading -4.41% off 20-day moving average.

On Aug. 1, 2019, The Board of Directors of Dover (NYSE:DOV)  increased its quarterly cash dividend to $0.49 (forty-nine cents) per share, from the previous $0.48 (forty-eight cents) per share, an increase of $0.01 (one cent) or 2%. This is the 64th consecutive year in which the Company has increased its annual cash dividend, demonstrating Dover’s longstanding commitment to returning capital to shareholders.

This increased dividend will be paid on September 16, 2019, to shareholders of record as of August 30, 2019.

About Dover:

Dover is a diversified global manufacturer with annual revenue of approximately $7 billion. We deliver innovative equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services through three operating segments: Engineered Systems, Fluids and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under DOV.

The Industrial Goods sector company, Dover Corporation noticed change of -2.54% to $94.39 along volume of 1099528 shares in recent session compared to an average volume of 932.67K. The stock observed return of -4.44% in 5 days trading activity. The stock was at -7.63% over one month performance. DOV’s shares are at -3.57% for the quarter and driving a 13.75% return over the course of the past year and is now at 33.04% since this point in 2018.

The average volatility for the week at 2.16% and for month was at 2.08%. There are 146.28M shares outstanding and 142.84M shares are floated in market. Right now the stock beta is 1.47.

Leave a Reply

Your email address will not be published. Required fields are marked *