Reported 2 days ago
Dover Corporation (NYSE:DOV) stands out as one of the leading dividend stocks with a sustainable payout ratio, boasting a 5-year average payout ratio of 30.05%. Amidst current market challenges, DOV continues to demonstrate financial resilience with over $1.9 billion in revenue and a strong cash position exceeding $1.8 billion. The company maintains an impressive dividend yield of 1.28% and has a notable history of 68 years of dividend growth, positioning it as a reliable choice for investors seeking stable returns.
Source: YAHOO