Dover increases dividend for 60th consecutive year

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Dividend Aristocrat Dover Corporation will raise its dividend by 5%.

Dover will increase its quarterly dividend from $0.40 to $0.42 per share. The diversified global manufacturer now has raised it's dividend for 60 consecutive years.

The new annual dividend of $1.68 per share gives Dover an indicated dividend yield of 2.6% based on today's closing price of $64.09 per share.

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Pentair hikes dividend by 8.7%

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Pentair (PNR) , a global water solutions company, has announced an 8.7% increase to its quarterly dividend, raising it to $0.25 per share. At the current stock price of $105.49, this results in a dividend yield of 0.85%. The company’s annual dividend payout now rises to $165 million.
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