AI data centre boom lifts stocks of Dover, NextEra and Roper by over 35%
The surge in AI data centres has pushed up shares in key industrial and openai firms. Since 2023, Dover Corp., NextEra Energy, and Roper Technologies have all seen significant stock price gains. These companies also stand out for their long records of rising dividends.
Dover Corp. has climbed roughly 85% since early 2023, with shares moving from around $140 to about $260 by February 2026. The company's liquid cooling systems, critical for AI data centres, have driven much of this growth. As one of the Dividend Kings, Dover has also increased its payout for 71 straight years.
NextEra Energy's stock rose by about 35% over the same period, from roughly $75 to $101. The energy provider is well-positioned to benefit from rising electricity demand tied to AI infrastructure. It has lifted its dividend annually for 31 years, with an average increase of 10.1% over the past five years.
Roper Technologies saw the sharpest gain, soaring over 120% from around $430 to nearly $960. Despite recent concerns over AI disruption and a sales slowdown, the company has raised its dividend for 32 consecutive years. Its five-year average dividend growth sits at 10%, making it another reliable choice for long-term investors.
These three firms highlight how AI-driven demand can boost both share prices and dividend reliability. Dover, NextEra, and Roper have each delivered strong returns while maintaining decades of payout growth. Their performance underscores the appeal of dividend-growth stocks in a rapidly evolving market.
