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Dover Increases Dividend by 7%

This is the 62nd consecutive year in which the company has increased its annual cash dividend.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

The Board of Directors of Dover increased its quarterly cash dividend to $0.47 per share, from the previous $0.44 per share, an increase of $0.03 or 7%. This is the 62nd consecutive year in which the company has increased its annual cash dividend. With this increase, Dover has the third longest record of consecutive annual dividend increases of listed companies, as reported by Mergent’s Dividend Achievers.
 
This increased dividend will be paid on Sept. 15, 2017 to shareholders of record as of Aug. 31, 2017.

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