Dover's Higher Dividend is Quite Becoming

Filed under: Stocks to Buy

In this uncertain market environment, stock traders are starting to turn back to their fundamentals as they make investment decisions. That's why Dover Corp. (DOV) is looking so attractive right now.

Dover recently hiked its dividend for the fifty-fifth year in a row -- bumping its payout up 6% from 26 cents to 27.5 cents per share.

Goldman Sachs has taken note of the company's recent success and has added it to the firm's Conviction Buy List, calling the stock an "under-appreciated structural change story." Goldman also set a price target for Dover at $60.

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Dover's Higher Dividend is Quite Becoming originally appeared on BloggingStocks on Tue, 10 Aug 2010 17:00:00 EST. Please see our terms for use of feeds.

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