Dover Corporation

DOV
IndustrialsDividend King
$209.90
0.99%Overvalued

Dover Corporation (DOV) is a Industrials company that currently yields 0.99% — historically overvalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $82.41 and the overvaluation threshold at $186.37. Dover Corporation holds a quality score of 63/100 (Good), reflecting 71 consecutive years of dividend growth with a 26% payout ratio. The 5-year dividend CAGR stands at 1.0%.

DOV Dividend Yield History — Weiss Valuation

Underval. $82.41Overval. $186.37

Distance to undervalued

Entry price is stretched

Needs 60.7% downside to reach the Weiss buy zone

Undervaluation starts near $82.41, where the annual dividend would imply roughly 2.52% yield. That is 1.53% above today's yield.

Buy-zone price

$82.41

Target yield

2.52%

Research checklist

What to clear before buying the yield

Updated May 25, 2026

Dividend durability

71Y

Long dividend history supports a deeper look.

Earnings payout

26%

Earnings coverage leaves room for noise.

Cash payout

33%

Free cash flow coverage supports the payment.

Dividend growth

1.0%

Lower growth changes the return trade-off.

What changed

What changed since the last update

2026-05-232026-05-25

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

Dover Corporation is trading near its historical overvaluation band.

Current yield 1.0% vs historical max 2.9% (35% of maximum).

14 consecutive years without a dividend cut.

Conservative payout ratio of 26%.

What matters now

Read the signal before the headline yield

Valuation is the brake here: the yield is compressed versus its own history.

The 63/100 quality score calls for selective follow-up, not autopilot.

Start by checking whether payout coverage and business durability still support the dividend.

DOV Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$100

Year 10 Income

$120

Yield on Cost

1.21%

Total Income

$1,095

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

DOV Dividend Quality Score

Quality Score

63/ 100

Good

Payout Ratio25/25
Dividend Streak20/25
Growth (CAGR 5Y)3/20
Yield vs History0/15
FCF Coverage15/15

Key Metrics

Current Price$209.90
Annual Dividend$2.08
Current Yield0.99%
Yield — Max (10Y)2.85%
Yield — Min (10Y)1.16%
Undervalued Below$82.41
Overvalued Above$186.37
Payout Ratio25.94%
CAGR Dividend 5Y1.0%
CAGR Dividend 10Y4.6%
Years No Cut14y

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71
consecutive years of dividend growth