Parker Declares Quarterly Cash Dividend

Rhea-AI Summary

Parker Hannifin Corporation (NYSE: PH) announced a quarterly cash dividend of $1.33 per share, payable on September 9, 2022, to shareholders of record as of August 29, 2022. This marks the company's 289th consecutive quarterly dividend and highlights its commitment to returning income to shareholders. Parker has maintained a consistent record of dividend increases for 66 consecutive fiscal years, ranking among the top five companies for dividend longevity in the S&P 500 Index.

Positive

• Quarterly dividend of $1.33 signifies strong shareholder returns.
• 289 consecutive quarterly dividends demonstrate commitment to dividends.
• 66 consecutive years of dividend increases highlight company stability and investor confidence.

Negative

• None.

CLEVELAND, Aug. 18, 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 August 29, 2022. The dividend is payable September 9, 2022.

This is the company's 289^th 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.

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FAQ

What is the dividend amount for Parker Hannifin Corporation?

The dividend amount is $1.33 per share.

When is the dividend payable for Parker Hannifin Corporation?

The dividend is payable on September 9, 2022.

What is the dividend record of Parker Hannifin Corporation?

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

When is the record date for the dividend payment?

The record date for the dividend payment is August 29, 2022.