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Parker Hannifin Corporation Announces Dividend Payment Plans

Parker Hannifin Corporation Announces Dividend Payment Plans

Parker Hannifin's Commitment to Shareholders

Parker Hannifin Corporation, recognized as the leader in motion and control technologies, has officially declared a quarterly cash dividend of $1.63 per share. This announcement solidifies the company's ongoing dedication to its shareholders while maintaining a robust financial performance.

A Long Legacy of Dividends

This declaration marks Parker's impressive achievement of 298 consecutive quarterly dividends. The commitment to returning value to shareholders has positioned the company among the top five longest-running records of dividend increases within the S&P 500 Index. For an astonishing 68 years, Parker has consistently raised its annual dividends per share, showcasing its reliable growth and commitment to its investors.

Future Dividend Payments

Shareholders should note that the record date for this dividend is set for November 8, 2024, with payment scheduled for December 6, 2024. This ensures that those invested in Parker will continue to benefit from the corporation's growth and success.

About Parker Hannifin Corporation

With over a century of experience, Parker Hannifin is classified as a Fortune 250 company, continuously driving engineering breakthroughs that contribute to a better future. The company’s innovative solutions in motion and control technologies have positioned it at the forefront of the industry.

Keeping Stakeholders Informed

Parker Hannifin remains committed to transparency and communication with its stakeholders. Media contacts include Aidan Gormley, Director of Global Communications and Branding, who can be reached at 216/896-3258 or via email. Additionally, Jeff Miller serves as Vice President of Investor Relations and is available for financial inquiries at 216/896-2708.

Frequently Asked Questions

What is the amount of the declared dividend by Parker Hannifin?

The declared quarterly cash dividend by Parker Hannifin is $1.63 per share.

How many consecutive quarterly dividends has Parker paid?

Parker Hannifin has paid 298 consecutive quarterly dividends.

When is the record date for the upcoming dividend?

The record date for the upcoming dividend is November 8, 2024.

When will the dividend be payable?

The dividend is scheduled to be payable on December 6, 2024.

Who can I contact for more information about Parker Hannifin?

Media inquiries can be directed to Aidan Gormley, while financial analysts can contact Jeff Miller for investor relations.

About The Author

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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.

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