This Under-the-Radar Dividend Stock Yields Great Returns for Investors
The name Dover Corp. (NYSE: DOV) may not be familiar to many investors, but for those who like dividends, it's a name to remember. Dover is among the relatively small family of companies that qualify as Dividend Kings, meaning it has increased its payout every year for at least 50 straight years. Among those approximately two dozen companies, Dover is near the top, having increased dividends for 64 straight years through 2019.
While the company name itself may not be well known, some of the wide array of brands within its operating segments could be. Dover's diversified business falls into five segments: engineered products, fueling solutions, imaging and identification, pumps and process solutions, and refrigeration and food equipment.
A recycling truck, one of Dover's products. Image source: Dover.
Source Fool.com
