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Parker Declares Quarterly Cash Dividend

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Parker Hannifin Corporation (NYSE: PH) has declared a quarterly cash dividend of 88 cents per share for shareholders of record as of February 10, 2021, payable on March 5, 2021. This marks the company's 283rd consecutive quarterly dividend. Parker has a notable history of increasing annual dividends for 64 consecutive years, ranking among the top five companies for dividend growth in the S&P 500 Index.

Positive
  • Declared a quarterly cash dividend of 88 cents per share.
  • 283rd consecutive quarterly dividend reflects strong dividend policy.
  • 64 consecutive years of dividend increases demonstrates financial stability.
Negative
  • None.

CLEVELAND, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of 88 cents per share of common stock to shareholders of record as of February 10, 2021.  The dividend is payable March 5, 2021.

This is the company's 283rd consecutive quarterly dividend.  Parker has increased its annual dividends per share paid to shareholders for 64 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.

Parker Hannifin is a Fortune 250 global leader in motion and control technologies.  For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow.  Learn more at www.parker.com or @parkerhannifin.

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FAQ

What is the dividend amount announced by Parker Hannifin for 2021?

Parker Hannifin announced a quarterly cash dividend of 88 cents per share.

When is the dividend payable to shareholders of record for Parker Hannifin?

The dividend is payable on March 5, 2021.

How long has Parker Hannifin been increasing its dividends?

Parker Hannifin has increased its annual dividends for 64 consecutive years.

How many consecutive quarterly dividends has Parker Hannifin declared?

Parker Hannifin has declared its 283rd consecutive quarterly dividend.

Parker-Hannifin Corporation

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Specialty Industrial Machinery
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