How Safe Is Dover's Dividend?
Many companies operate under the radar to serve their customers, and Dover (NYSE: DOV) is a prime example of that philosophy in action. The Illinois-based company produced equipment and components for use in a variety of industries, including energy, engineered systems, and refrigeration and food equipment. With one of the most impressive track records for dividend growth in the stock market, Dover is a favorite among income investors, but the recent difficulties in the energy industry have made some investors question whether Dover can keep performing as well as it has throughout its history. Let's take a closer look at Dover to see whether investors can be confident in its ability to keep its dividend moving higher.
Current Quarterly Dividend Per Share
$0.47
Source: Fool.com
Dover Corp. Stock
With 12 Buy predictions and not the single Sell prediction the community is currently very high on Dover Corp..
On the other hand, the target price of 168 € is below the current price of 170.25 € for Dover Corp., so the potential is actually -1.32%.
