STOCK TITAN

Parker Declares Quarterly Cash Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

Parker Hannifin Corporation (NYSE: PH) announced a quarterly cash dividend of $1.33 per share for shareholders on record as of November 14, 2022, payable on December 2, 2022. This marks the company's 290th consecutive quarterly dividend, demonstrating its strong commitment to returning value to shareholders. Parker has achieved a remarkable milestone by increasing its annual dividends for 66 consecutive fiscal years, placing it among the top five for dividend growth in the S&P 500 Index.

Positive
  • Announced a quarterly dividend of $1.33 per share.
  • Achieved 290 consecutive quarterly dividends.
  • Increased annual dividends for 66 consecutive fiscal years.
Negative
  • None.

CLEVELAND, Oct. 26, 2022 (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 $1.33 per share of common stock to shareholders of record as of November 14, 2022. The dividend is payable December 2, 2022.

This is the company's 290th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 66 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.

###


FAQ

What is the dividend amount for Parker Hannifin in 2022?

The dividend amount is $1.33 per share.

When will Parker Hannifin's dividend be paid in 2022?

The dividend will be paid on December 2, 2022.

How many consecutive dividends has Parker Hannifin paid?

Parker Hannifin has paid 290 consecutive quarterly dividends.

For how many years has Parker Hannifin increased its dividends?

Parker Hannifin has increased its annual dividends for 66 consecutive fiscal years.

Parker-Hannifin Corporation

NYSE:PH

PH Rankings

PH Latest News

PH Stock Data

81.88B
128.35M
0.26%
83.9%
1.05%
Specialty Industrial Machinery
Miscellaneous Fabricated Metal Products
Link
United States of America
CLEVELAND