Is Dover (DOV) Undervalued Following Its Dividend Increase?

Dover (DOV) recently announced a small increase in its quarterly cash dividend to $0.525 per share, marking the 71st consecutive year of higher annual payouts to shareholders. See our latest analysis for Dover. At a share price of US$208.45, Dover has eased in the short term, with the 30 day share price return down 3.2% and the 90 day share price return down 2.9%. By contrast, the 1 year total shareholder return of 18.3% and 3 year total shareholder return of 54.2% point to stronger longer...