Parker Declares Quarterly Cash Dividend

Rhea-AI Summary

Parker Hannifin Corporation (NYSE: PH) has declared a quarterly cash dividend of $1.03 per share, set to benefit shareholders of record as of August 27, 2021, with payment on September 10, 2021. This marks the 285^th consecutive quarterly dividend for the company, illustrating its robust performance and commitment to returning value to shareholders. Parker has maintained an impressive record, increasing its annual dividends for 65 consecutive fiscal years, positioning it among the top five in the S&P 500 Index.

Positive

• Declared quarterly cash dividend of $1.03 per share.
• 285th consecutive quarterly dividend, showcasing financial stability.
• Increased annual dividends for 65 consecutive years, emphasizing shareholder commitment.

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• None.

CLEVELAND, Aug. 12, 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 $1.03 per share of common stock to shareholders of record as of August 27, 2021. The dividend is payable September 10, 2021.

This is the company's 285^th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 65 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?

Parker Hannifin has declared a dividend of $1.03 per share.

When will the dividend be paid to shareholders?

The dividend is payable on September 10, 2021.

What date do I need to be a shareholder to receive the dividend?

Shareholders must be on record as of August 27, 2021.

How long has Parker Hannifin been increasing its dividends?

Parker has increased its annual dividends for 65 consecutive fiscal years.

What is Parker Hannifin's dividend track record?

Parker Hannifin has one of the top five longest-running dividend-increase records in the S&P 500 Index.