DOWNERS GROVE, Ill., Nov. 7, 2024 /PRNewswire/ -- The Board of Directors of Dover Corporation (NYSE: DOV) today declared a regular quarterly cash dividend of $0.515 (fifty-one and one-half cents) per share, payable on December 16, 2024, to shareholders of record as of November 29, 2024.
About Dover:
Dover is a diversified global manufacturer and solutions provider with annual revenue of over $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.
DOWNERS GROVE, Ill., Nov. 6, 2024 /PRNewswire/ -- Dover Corporation (NYSE: DOV) announced that its President and Chief Executive Officer, Richard J. Tobin, will speak at the Baird 2024 Global Industrial Conference in Chicago, Illinois, on Wednesday, November 13, 2024, at 9:40 am CT.
A link to the live audio webcast of the presentation will be available on dovercorporation.com, and the replay will be archived on the website for 90 days.
DOWNERS GROVE, Ill., Oct. 30, 2024 /PRNewswire/ -- KPS, part of OPW Retail Fueling and Dover (NYSE: DOV), announced the launch of its new 3" (110/90mm) conductive High Density Polyethylene (HDPE) double wall piping system. Created to meet customer demand, the system is engineered for medium to high flow applications on fueling forecourts, data centers and backup and primary generators including fill lines and other fuel and vapor lines requiring the highest standards.
DOWNERS GROVE, Ill., Oct. 24, 2024 /PRNewswire/ -- Dover (NYSE: DOV), a diversified global manufacturer, announced its financial results for the third quarter ended September 30, 2024. All comparisons are to the comparable period of the prior fiscal year, unless otherwise noted.
Three Months Ended September 30,
Nine Months Ended September 30,
($ in millions, except per share data)
2024
2023
% Change*
2024
2023
% Change*
U.S. GAAP
Revenue
$ 1,984
$ 1,958
1 %
$ 5,816
$ 5,780
1 %
Earnings from continuing operations
313
262
19 %
1,162
686
69 %
Diluted EPS from continuing operations
2.26
1.86
22 %
8.37
4.88
72 %
Non-GAAP
Organic revenue change
— %
— %
Adjusted earnings from continuing operations 1
314
301
4 %
846
812
4 %
Adjusted diluted EPS from continuing operations
2.27
2.14
6 %
6.09
5.78
5 %
1 Q3 and year-to-date 2024 and 2023 adjusted earnings from continuing operations exclude after tax purchase accounting expenses and restructuring and other costs. Q3 and year-to-date 2024 also exclude an after-tax gain on disposition of a minority owned equity method investment, and year-to-date 2024 excludes the after-tax gain and post-closing adjustments on the disposition of De-Sta-Co.
* Change may be impacted by rounding.
DOWNERS GROVE, Ill., Oct. 23, 2024 /PRNewswire/ -- Dover Fueling Solutions ("DFS"), a part of Dover (NYSE: DOV) and a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industries, today announced the launch of the Wayne PWR™ DC fast charger (Wayne PWR). This new electric vehicle charger (EVC) addresses critical market gaps in reliability and durability while offering an unmatched customer experience.
Kicks Off 100th Anniversary with New "Rotary Solutions" Brand
DOWNERS GROVE, Ill., Oct. 22, 2024 /PRNewswire/ -- Rotary, part of Vehicle Service Group (VSG) and Dover (NYSE: DOV), today announced the launch of the Rotary® R1250 Automatic Leverless Pro Tire Changer, Rotary® ARO16 Four-Post Lift, Rotary® SLW210-AV WIDE SMARTLIFT® Inground Lift, and Chief® Phoenix Pulling Rack with Rolling Jacks. Designed to help expedite service times, increase shop efficiency and minimize downtime, each cutting-edge product bolsters the existing lines of premium vehicle lifts, A/C machines, wheel service equipment and collision diagnostic and repair tools.
DOWNERS GROVE, Ill., Oct. 17, 2024 /PRNewswire/ -- Markem-Imaje, part of Dover (NYSE: DOV) and a global provider of end-to-end supply chain solutions and industrial marking and coding systems, today announced the launch of a comprehensive array of digital, remote and on-site hardware services to further empower its customer base's production performance and uptime.
This new portfolio of post-sales maintenance packages is tailored according to user needs and designed to satisfy Industry 4.0 demands for increased customization and reduce downtime through 24/7 remote digital assistance.
DOWNERS GROVE, Ill., Oct. 15, 2024 /PRNewswire/ -- Metcal, part of OK International and Dover (NYSE: DOV) and a leader in benchtop soldering for electronics and industrial manufacturing, today announced the launch of its new MicroFine™ soldering handpieces and cartridge tips for use under microscopes.
MicroFine will be offered with both a soldering and tweezer handpiece configuration, compatible with the Metcal MX Series and Connection Validation™ (CV) Series soldering systems. The new handpieces offer the fixed-temperature process control expected from Metcal SmartHeat® products, but in significantly smaller, lighter formfactors.
DOWNERS GROVE, Ill., Oct. 9, 2024 /PRNewswire/ -- Dover (NYSE: DOV) announced today that it will release third quarter 2024 earnings at approximately 6:00 a.m. Central time (7:00 a.m. Eastern time) on Thursday, October 24, 2024. Later that morning, Dover will host a conference call at 8:30 a.m. Central time (9:30 a.m. Eastern time) to discuss these results.
To participate in the conference call, please dial 1 (800) 245-3047 (domestic) or 1 (203) 518-9783 (international), conference ID DOVQ324. Due to the expected number of callers, please dial in at least 15 minutes before the conference is to begin and ask to be connected to the Dover teleconference.
DOWNERS GROVE, Ill., Oct. 8, 2024 /PRNewswire/ -- Dover Corporation (NYSE: DOV) today announced that it has completed the previously reported sale of its Environmental Solutions Group business, which was part of Dover's Engineered Products segment, to Terex Corporation (NYSE: TEX).
About Dover:
Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.
DOWNERS GROVE, Ill., Oct. 2, 2024 /PRNewswire/ -- Markem-Imaje, part of Dover (NYSE: DOV) and a global provider of end-to-end supply chain solutions and industrial marking and coding systems, today announced the launch of its white MW2440 ink tailored for difficult-to-code polyethylene (PE) cables, including those made from low-smoke, zero halogen materials (LSZH, HFFR, NHFR, LSOH). This new ink helps manufacturers to better ensure high-quality, durable, and environmentally safe markings.
DOWNERS GROVE, Ill., Sept. 25, 2024 /PRNewswire/ -- Dover (NYSE: DOV) today announced that the Company will feature multiple businesses at the upcoming National Association of Convenience Stores Trade Show ("NACS Show") and Petroleum Equipment Institute Convention ("PEI Convention") – the leading convenience-store and retail-fueling industry event of the year and the largest of its kind in the United States – in Las Vegas, NV, on Oct. 8-10, 2024.
DOWNERS GROVE, Ill., Sept. 18, 2024 /PRNewswire/ -- Caldera, part of Dover (NYSE: DOV), today announced the launch of its new Direct-to-Film (DTF) solution, designed to provide an intuitive route for effective digital textile printing. The software features an easy-to-use interface to speed up DTF image preparation at the production stage, resulting in high-quality printing without the need for specialized knowledge or expertise.
DOWNERS GROVE, Ill., Sept. 11, 2024 /PRNewswire/ -- CPC (Colder Products Company), part of Dover (NYSE: DOV) and a leading manufacturer of connection technologies used in biopharmaceutical processing, today announced the launch of a new aseptic micro-connector that fits directly into the freeze cassettes used in cell and gene therapy (CGT) processing.
Cryopreservation – freezing CGT biological materials at ultralow temperatures – helps minimize material loss of function during product shipment and storage, which occur before therapies are delivered to patients.
DOWNERS GROVE, Ill., Sept. 4, 2024 /PRNewswire/ -- Advansor, part of Dover Food Retail and Dover (NYSE: DOV), today announced the launch of a new range of CO2 climate solution enclosures for supermarkets, cold storage and industrial applications that help provide faster on-site installation and flexible outdoor placement options.
The entire heating and cooling rack, including modules, can now be mounted in the new enclosure. This helps to ensure a fast installation on-site and makes it possible to place the solution outside to free up more indoor space.
DOWNERS GROVE, Ill., Aug. 28, 2024 /PRNewswire/ -- Rotary, part of Vehicle Service Group (VSG) and Dover (NYSE: DOV), today announced the launch of its Rotary® Flex MAX™ Linker. Utilizing the latest Rotary technology, the Flex MAX Linker allows automotive technicians to quickly, easily and safely connect and control up to 18 Rotary Flex MAX mobile column lifts using a single remote. This innovation facilitates lifting large-scale vehicles such as heavy-duty trucks, multi-axle buses, coaches, and railway wagons.
DOWNERS GROVE, Ill., Aug. 21, 2024 /PRNewswire/ -- Anthony, part of Dover Food Retail and Dover (NYSE: DOV) and a leading manufacturer of glass refrigerator and freezer doors, lighting systems and display equipment for use in commercial refrigeration systems, today announced the launch of its all-new Infinity® MAX Walk-In Cooler Doors. The Infinity MAX helps food retailers create an elevated and convenient shopping experience by providing maximum end-to-end walk-in cooler merchandise visibility and easy product accessibility.
DOWNERS GROVE, Ill., Aug. 19, 2024 /PRNewswire/ -- Dover (NYSE: DOV) today announced that it has acquired Criteria Labs, Inc. ("Criteria Labs"), a leader in radio frequency "RF" device and microelectronic engineering solutions tailored for high-reliability applications in the space, aerospace, defense, commercial semiconductor, automotive, and medical industries. Criteria Labs is now part of the Microwave Products Group (MPG) within Dover's Engineered Products segment.
DOWNERS GROVE, Ill., Aug. 14, 2024 /PRNewswire/ -- Hydro, part of PSG and Dover (NYSE: DOV), today announced the launch of its new EvoDose NXT Chemical Dispenser. Available for use in the European, Middle Eastern and African (EMEA) facility cleaning, kitchen and healthcare markets, the EvoDose NXT is designed to deliver highly accurate dilution of concentrated chemicals to sinks, buckets, bottles and other containers.
DOWNERS GROVE, Ill., Aug. 12, 2024 /PRNewswire/ -- Dover (NYSE: DOV) today announced that it has acquired SPS Cryogenics B.V. ("SPS") and its affiliated business, Special Gas Systems (SGS) B.V. ("SGS"), located in Heerhugowaard, the Netherlands. SPS and SGS are now part of OPW's Clean Energy Solutions business ("OPW CES") within Dover's Clean Energy & Fueling segment.
SPS and SGS design, manufacture, and supply vacuum-insulated piping systems for a wide variety of liquified gases like nitrogen, oxygen, carbon dioxide, and other industrial gases. SPS and SGS bring a complementary product offering and expanded European presence to OPW CES's leading global cryogenic gas flow control platform.
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