Parker Declares Quarterly Cash Dividend and Updates Share Repurchase Authorization

Rhea-AI Summary

Parker Hannifin (NYSE: PH) has announced two significant shareholder-focused initiatives. The Board of Directors declared a quarterly cash dividend of $1.80 per share, payable September 12, 2025, to shareholders of record as of September 2, 2025. This marks the company's 301st consecutive quarterly dividend, with 69 consecutive fiscal years of dividend increases - ranking among the top five longest-running dividend-increase records in the S&P 500.

Additionally, the Board has refreshed its share repurchase program, authorizing 20 million shares for future repurchases under the company's existing buyback authorization.

Positive

• 301st consecutive quarterly dividend payment demonstrates strong financial stability
• 69 consecutive years of dividend increases, ranking among top 5 longest-running in S&P 500
• Significant share repurchase authorization of 20 million shares indicates confidence in company's value
• Regular dividend payments provide steady income stream for shareholders

Negative

• None.

CLEVELAND, Aug. 21, 2025 (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 $1.80 per share of common stock to shareholders of record as of September 2, 2025. The dividend is payable September 12, 2025.

This is the company's 301^st consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 69 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.

The Board also approved an update to the number of shares available under the company’s existing share repurchase authorization so that the aggregate number of shares available for repurchase is now 20 million. 

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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Contact:
Media –
Aidan Gormley, Director, Global Communications and Branding
216/896-3258
aidan.gormley@parker.com

Financial Analysts –
Jeff Miller, Vice President, Investor Relations
216/896-2708
jeffrey.miller@parker.com

FAQ

What is Parker Hannifin's (PH) latest quarterly dividend amount for 2025?

Parker Hannifin declared a quarterly cash dividend of $1.80 per share, payable September 12, 2025, to shareholders of record as of September 2, 2025.

How many consecutive years has Parker Hannifin (PH) increased its dividend?

Parker Hannifin has increased its annual dividends per share for 69 consecutive fiscal years, placing it among the top five longest-running dividend-increase records in the S&P 500 Index.

How many shares did Parker Hannifin (PH) authorize for repurchase in August 2025?

Parker Hannifin's Board approved an update to its share repurchase program, authorizing 20 million shares for future repurchases.

When is Parker Hannifin's (PH) next dividend payment date in 2025?

Parker Hannifin's dividend payment is scheduled for September 12, 2025, with a record date of September 2, 2025.

How many consecutive quarterly dividends has Parker Hannifin (PH) paid?

Parker Hannifin has paid 301 consecutive quarterly dividends, demonstrating a long-standing commitment to returning value to shareholders.