Dover (DOV) Dividend Coverage Ratio (2009 - 2026)
Dover's Dividend Coverage Ratio came in at 4.46 for Q2 2026, up 12.9% from 3.95 a year earlier and up 31.8% from the prior quarter.
Dover (DOV) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Dover reported Dividend Coverage Ratio of 4.03, down 50.1% year-over-year; for FY2025, it was 3.87, down 59.4% from FY2024.
- Going back by year, Dividend Coverage Ratio was 9.53 in FY2024 (+156.3%), 3.72 in FY2023 (+0.3%), 3.70 in FY2022 (-5.4%) and 3.92 in FY2021 (+63.0%).
- The Q2 2026 figure represents the highest quarterly Dividend Coverage Ratio since Q4 2024.
- Year-over-year, Dividend Coverage Ratio increased in four of the last eight quarters, with growth averaging 33.6%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q4 2024 (growth of 389.3%), and the weakest in Q4 2025 (a decline of 80.1%).
- Business Quant data shows DOV's Dividend Coverage Ratio at 3.38 (Q1 2026), 4.04 (Q4 2025) and 4.24 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 323.56 Bn | 295.25 Bn | 7.76 Bn | 5.16 |
| 2 | Amphenol | 180.19 Bn | 174.89 Bn | 3.55 Bn | 5.76 |
| 3 | Deere | 173.53 Bn | 182.29 Bn | 4.66 Bn | 3.15 |
| 4 | Eaton | 143.22 Bn | 140.45 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 112.51 Bn | 110.65 Bn | 2.25 Bn | - |
| 6 | 3M | 90.71 Bn | 73.12 Bn | 2.78 Bn | 3.41 |
| 7 | Emerson Electric | 89.39 Bn | 82.15 Bn | 2.66 Bn | 2.31 |
| 8 | Illinois Tool Works | 79.53 Bn | 76.09 Bn | 1.90 Bn | 1.76 |
| 9 | Vertiv Holdings | 75.29 Bn | 65.91 Bn | 1.23 Bn | - |
| 10 | Dover | 26.32 Bn | 19.69 Bn | 880.61 Mn | 4.46 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.46 |
| Mar 31, 2026 | 3.38 |
| Dec 31, 2025 | 4.04 |
| Sep 30, 2025 | 4.24 |
| Jun 30, 2025 | 3.95 |
| Mar 31, 2025 | 3.23 |
| Dec 31, 2024 | 20.30 |
| Sep 30, 2024 | 4.91 |
| Jun 30, 2024 | 4.01 |
| Mar 31, 2024 | 8.85 |
| Dec 31, 2023 | 4.15 |
| Sep 30, 2023 | 4.06 |
| Jun 30, 2023 | 3.43 |
| Mar 31, 2023 | 3.23 |
| Dec 31, 2022 | 3.72 |
| Sep 30, 2022 | 3.94 |
| Jun 30, 2022 | 4.03 |
| Mar 31, 2022 | 3.13 |
| Dec 31, 2021 | 5.03 |
| Sep 30, 2021 | 3.66 |
Dover Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=DOV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "DOV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=DOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();