14 High Growth Dividend Paying Stocks to Invest In Now

10. Dover Corporation (NYSE:DOV)

On March 17, Wells Fargo analyst Joseph O’Dea upgraded Dover Corporation (NYSE:DOV) to Overweight from Equal Weight. It also raised the price target on the stock to $230 from $210. The firm pointed to supportive US macro data, which it believes is helping drive a recovery in short-cycle businesses. It also noted that if tensions in the Middle East ease in the near term, Dover shares could look more attractive given the company’s accelerating organic growth. The analyst added in a research note that the stock may benefit from “typical short-cycle relative outperformance as the expansion advances.” If the conflict in the Middle East continues, the firm said Dover has limited exposure to the region.

The company is set to report its Q1 2026 earnings on April 23. During the Q4 2025 earnings call, President, CEO, and Chairman Richard Tobin said strong booking rates continued to support momentum across the business. Bookings rose 10% in the quarter and were up 6% for the full year. Senior VP and CFO Christopher Woenker said free cash flow in the fourth quarter reached $487 million, or 23% of revenue, making it the strongest cash flow quarter of the year. For the full year, free cash flow came in at 14% of revenue, increasing by nearly $200 million compared to the prior year. Tobin also noted that adjusted EPS was $9.61, up 14% in the quarter and ahead of the company’s previously raised third-quarter guidance. For the full year, adjusted EPS increased 16%.

Dover Corporation (NYSE:DOV) operates as a diversified global manufacturer and solutions provider. Its Engineered Products segment supplies equipment, components, software, and services to markets such as the vehicle aftermarket, aerospace and defense, and other industries.