Parker Hannifin Boosts Dividends and Share Repurchase Plan
Parker Hannifin's Commitment to Shareholders
Parker Hannifin Corporation (NYSE: PH), a leader in motion and control technologies, has recently reaffirmed its commitment to its shareholders. The company proudly announced that its Board of Directors has declared a regular quarterly cash dividend of $1.80 per share of common stock. Shareholders will benefit from this dividend, scheduled for distribution to those recorded as of September 2, 2025, with payments set for September 12, 2025.
A Longstanding Tradition of Dividend Payments
This declaration marks the impressive 301st consecutive quarterly dividend paid by Parker. The company has maintained an exceptional track record, having increased its annual dividends per share paid to shareholders for an astounding 69 consecutive fiscal years. This achievement places Parker among the top five companies in the S&P 500 Index for dividend increases, highlighting its reliability and dedication to enhancing shareholder returns.
Enhancing Shareholder Value through Share Repurchase
In addition to the dividend announcement, Parker Hannifin reported an update regarding its existing share repurchase authorization. The Board of Directors has approved an increase in the number of shares available for repurchase, raising the total to an impressive 20 million shares. This decision reflects the company's strong financial position and commitment to returning value to its shareholders through strategic initiatives.
About Parker Hannifin
Parker Hannifin is recognized as a Fortune 250 company and a global leader in motion and control technologies. For over a century, the company has been pivotal in enabling engineering breakthroughs that aim to create a better tomorrow. Their steadfast dedication to innovation ensures that they remain at the forefront of their industry, continuously contributing to advancements that improve various sectors.
Frequently Asked Questions
What is the recent dividend declared by Parker Hannifin?
Parker Hannifin recently declared a quarterly cash dividend of $1.80 per share.
When will the dividend be paid?
The dividend is payable on September 12, 2025, to shareholders of record as of September 2, 2025.
How many consecutive quarters has Parker paid dividends?
Parker has paid dividends consecutively for 301 quarters.
What changes were made to the share repurchase authorization?
The Board updated the share repurchase authorization, expanding the total shares available for buyback to 20 million.
What is Parker Hannifin known for?
Parker Hannifin is known as a global leader in motion and control technologies, aiding engineering advancements for over a century.
About The Author
Contact Ryan Hughes privately here. Or send an email with ATTN: Ryan Hughes as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
