Parker Declares Quarterly Cash Dividend

Rhea-AI Summary

Parker Hannifin Corporation declares a regular quarterly cash dividend of $1.48 per share of common stock. The dividend is payable on December 1, 2023. Parker has a strong dividend track record, increasing its annual dividends per share for 67 consecutive fiscal years.

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• Parker Hannifin Corporation declares a regular quarterly cash dividend of $1.48 per share of common stock. The dividend is payable on December 1, 2023.
• Parker has increased its annual dividends per share paid to shareholders for 67 consecutive fiscal years.

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CLEVELAND, Oct. 25, 2023 (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 $1.48 per share of common stock to shareholders of record as of November 13, 2023. The dividend is payable December 1, 2023.

This is the company's 294^th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 67 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 declared by Parker Hannifin Corporation?

The dividend declared by Parker Hannifin Corporation is $1.48 per share of common stock.

When will the dividend be payable?

The dividend will be payable on December 1, 2023.

How many consecutive fiscal years has Parker Hannifin Corporation increased its annual dividends per share?

Parker Hannifin Corporation has increased its annual dividends per share for 67 consecutive fiscal years.