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

Parker-Hannifin logo
$697.77 +2.31 (+0.33%)
As of 01:54 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Parker-Hannifin Dividend Summary

Dividend Yield
0.93%
Annual Dividend
$6.52
Next
Dividend Payment
Mar. 7
Dividend Increase
Track Record
69 Years
Annualized 3-Year
Dividend Growth
17.07%
Dividend Payout Ratio
26.99%

Parker-Hannifin (PH) pays an annual dividend of $6.52 per share, with a dividend yield of 0.93%. The next quarterly payment of $1.63 per share is scheduled for Friday, March 7, to investors who owned the stock before the ex-dividend date of Friday, February 7. PH has grown its dividend for 69 consecutive years, with an average annual increase of 5.39%. The company currently pays out 26.99% of its earnings and 19.84% 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$1.59
Dividend Yield0.95%2.10%3.67%
Annualized 3-Year Dividend Growth17.07%9.11%11.49%
Track Record69 years32 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 Earnings26.99%
Based on This Year's Estimate24.41%
Based on Next Year's Estimate22.26%
Based on Cashflow20.11%

Parker-Hannifin Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
1/23/2025quarterly$1.63 - 0.96%2/7/20252/7/20253/7/2025
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

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 0.95%. 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 next quarterly dividend payment of $1.63 per share will be made to shareholders on Friday, March 7, 2025.

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, February 7, 2025.

Over the past three years, the company's dividend has grown by an average of 17.07% 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:
  • 26.99% based on the trailing year of earnings
  • 24.41% based on this year's estimates
  • 22.26% based on next year's estimates
  • 20.11% based on cash flow

Parker-Hannifin's dividend yield of 0.93% 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 26.99% 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 2/19/2025 by MarketBeat.com Staff
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