Dover Corporation (DOV) will raise its quarterly dividend by 7.1 percent to $0.375 per share in the third quarter of 2013. It's the 58th consecutive annual dividend increase for the industrial company.
The increased dividend is payable on September 16, 2013 to shareholders of record at the close of business on August 30, 2013. The ex-date for his next dividend of 37.5 cents per share is August 28, 2013.
Dover Corporation is a diversified global manufacturer delivering equipment and components, specialty systems, consumable supplies, software and digital solutions and support services. The company's operating segments are: Engineered Systems, Fluids, Refrigeration & Food Equipment and Energy.