DOV Stock Recent News

Dover (DOV) sells its DESTACO business to focus better on core platforms.

While Dover Corp. has an impressive dividend history it is currently yielding only 1.2%. The company's actual business model is the buying and selling of companies. The current P/E is 18.7x based on management's EPS guidance for 2024.

DOWNERS GROVE, Ill. , Feb. 14, 2024 /PRNewswire/ -- Dover (NYSE: DOV) announced that its Chairman, President and Chief Executive Officer, Richard J.

Dover Corporation is a Dividend King with close to 70 consecutive annual dividend hikes. Dividend Kings provide stability, reliable income, inflation hedge, and long-term growth potential for investors. Dover Corporation's recent earnings show positive trends in earnings, free cash flow, and strategic acquisitions, making it a compelling choice for investors.

Dover (DOV) sees year-over-year improvement in fourth-quarter earnings despite a fall in revenues due to its cost-control efforts.

Dover Corporation (DOV) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Dover Corporation (DOV) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Dover Corporation (DOV) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.44 per share. This compares to earnings of $2.16 per share a year ago.

Dover's (DOV) fourth-quarter results are expected to reflect the benefits of strong order trends across segments, partially offset by higher costs.

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