Dover Increases Dividend By 7%

DOVER INCREASES DIVIDEND BY 7%

Downers Grove, IL, August 7, 2014 - The Board of Directors of Dover DOV today increased its quarterly cash dividend to $0.40 (forty cents) per share, from the previous $0.375 (thirty-seven and one-half cents) per share, an increase of $0.025 (two and one-half cents) or 7%. This is the 59^th consecutive year in which the Company has increased its annual cash dividend. With this increase, Dover has the fourth longest record of consecutive annual dividend increases of all listed companies, as reported by Mergent's Dividend Achievers.

This increased dividend will be paid on September 15, 2014 to shareholders of record as of August 29, 2014.

About Dover:
Dover is a diversified global manufacturer with annual revenues of $8 billion. We deliver innovative equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve.  Recognized for our entrepreneurial approach for nearly 60 years, our team of 28,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible.  Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at www.dovercorporation.com.

CONTACT:                                                                                        
Paul Goldberg                                                                                               
Vice President - Investor Relations
(212) 922-1640