Parker Announces Quarterly Cash Dividend
Parker Hannifin Corporation (NYSE: PH), recognized as the global leader in motion and control technologies, has announced that its Board of Directors has declared a regular quarterly cash dividend of $1.63 per share for common stockholders. This dividend will be distributed to shareholders who are on record as of the declaration date, with payment scheduled for a future date.
Consecutive Dividend Record
This marks the company's 297th consecutive quarterly dividend. Parker Hannifin has proudly increased its annual dividends per share for shareholders for an impressive 68 consecutive fiscal years, placing it among the top five companies in the S&P 500 Index with the longest-running records of dividend increases.
About Parker Hannifin
Parker Hannifin is a Fortune 250 company and a global leader in motion and control technologies. For over a century, the organization has been at the forefront of engineering innovations that contribute to a better future.
Frequently Asked Questions
What is the amount of the declared dividend by Parker Hannifin?
The declared dividend is $1.63 per share of common stock.
How long has Parker Hannifin been paying dividends?
Parker Hannifin has been paying dividends for 297 consecutive quarters.
What is Parker Hannifin's track record for increasing dividends?
Parker has increased its annual dividends per share paid to shareholders for 68 consecutive fiscal years.
Where can I find more information about Parker Hannifin?
More information can be found on Parker Hannifin's official website or their social media platforms.
In what industry does Parker Hannifin operate?
Parker Hannifin operates in the motion and control technologies industry.