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Parker-Hannifin (PH) Dividend Yield, Date & History

Parker-Hannifin logo
$637.49 -6.32 (-0.98%)
(As of 11:57 AM ET)

Parker-Hannifin Dividend Summary

Dividend Yield
1.02%
Annual Dividend
$6.52
Recent
Dividend Payment
Dec. 6
Dividend Increase
Track Record
69 Years
Annualized 3-Year
Dividend Growth
17.91%
Dividend Payout Ratio
29.45%

Parker-Hannifin (PH) pays an annual dividend of $6.52 per share, with a dividend yield of 1.02%. The next quarterly payment of $1.63 per share was paid on Friday, December 6, to investors who owned the stock before the ex-dividend date of Friday, November 8. PH has grown its dividend for 69 consecutive years, with an average annual increase of 5.65%. The company currently pays out 29.45% of its earnings and 20.82% of its cash flow as dividends.

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PH Dividend Payments by Quarter

The chart below displays up to four years of Parker-Hannifin's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

PH Dividend Yield Over Time

The chart below tracks Parker-Hannifin's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Parker-Hannifin vs. The Competition

Compare Parker-Hannifin's annual dividend, yield, and 3-year growth rate with averages for Industrial and NYSE companies to evaluate its performance against the market.

TypeParker-HannifinIndustrial CompaniesNYSE Companies
Annual Dividend$6.52$0.01$1.39
Dividend Yield1.01%2.14%3.63%
Annualized 3-Year Dividend Growth17.91%11.38%15.73%
Track Record69 years31 years25 years

Parker-Hannifin Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings29.45%
Based on This Year's Estimate24.37%
Based on Next Year's Estimate22.15%
Based on Cashflow20.62%

Parker-Hannifin Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/23/2024Quarterly$1.63 - 1.04%11/8/202411/8/202412/6/2024
8/15/2024Quarterly$1.63 - 1.12%8/28/20248/28/20249/13/2024
4/25/2024quarterly$1.63+$0.15
10.14%
1.1%5/9/20245/10/20246/7/2024
1/25/2024quarterly$1.48 - 1.25%2/8/20242/9/20243/1/2024
10/25/2023quarterly$1.48 - 1.61%11/10/202311/13/202312/1/2023
8/17/2023quarterly$1.48 - 1.48%8/25/20238/28/20239/8/2023
4/27/2023quarterly$1.48+$0.15
11.28%
1.83%5/11/20235/12/20236/2/2023
1/26/2023quarterly$1.33 - 1.69%2/9/20233/3/20232/10/2023

This table shows Parker-Hannifin's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Parker-Hannifin Dividend - Frequently Asked Questions

The current dividend yield for Parker-Hannifin is 1.01%. Learn more on PH's dividend yield history.

The annual dividend for PH shares is $6.52. Learn more on PH's annual dividend history.

Parker-Hannifin pays quarterly dividends to shareholders.

Parker-Hannifin's most recent quarterly dividend payment of $1.63 per share was made to shareholders on Friday, December 6, 2024.

Parker-Hannifin's most recent ex-dividend date was Friday, November 8, 2024.

Over the past three years, the company's dividend has grown by an average of 17.91% per year.

Parker-Hannifin has increased its dividend for the past 69 consecutive years.

The most recent change in the company's dividend was an increase of $0.15 on Thursday, April 25, 2024.

The dividend payout ratio for PH is:
  • 29.45% based on the trailing year of earnings
  • 24.37% based on this year's estimates
  • 22.15% based on next year's estimates
  • 20.62% based on cash flow

Parker-Hannifin's dividend yield of 1.01% is lower than the average Industrial Products company that issues a dividend. The company's 69 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Parker-Hannifin's dividend payout ratio of 29.45% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Parker-Hannifin stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:PH) was last updated on 12/30/2024 by MarketBeat.com Staff
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