Parker Declares Quarterly Cash Dividend

Rhea-AI Summary

Parker Hannifin (NYSE: PH), a global leader in motion and control technologies, has declared a quarterly cash dividend of $1.63 per share of common stock. The dividend is payable on September 13, 2024, to shareholders of record as of August 28, 2024. This marks Parker's 297th consecutive quarterly dividend. Notably, the company has increased its annual dividends per share for 68 consecutive fiscal years, positioning it among the top five longest-running dividend-increase records in the S&P 500 Index. Parker Hannifin, a Fortune 250 company, continues its century-long tradition of enabling engineering breakthroughs for a better future.

Positive

• Declared a quarterly cash dividend of $1.63 per share
• Maintained 297 consecutive quarters of dividend payments
• Increased annual dividends for 68 consecutive fiscal years
• Ranks among top five longest-running dividend-increase records in S&P 500

Negative

• None.

CLEVELAND, Aug. 15, 2024 (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 $1.63 per share of common stock to shareholders of record as of August 28, 2024. The dividend is payable September 13, 2024.

This is the company's 297^th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 68 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 amount of Parker Hannifin's (PH) quarterly dividend for 2024?

Parker Hannifin (PH) has declared a quarterly cash dividend of $1.63 per share of common stock for 2024.

When is the payment date for Parker Hannifin's (PH) latest dividend?

The dividend is payable on September 13, 2024.

What is the record date for Parker Hannifin's (PH) recent dividend announcement?

The record date for shareholders to be eligible for the dividend is August 28, 2024.

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

Parker Hannifin has increased its annual dividends per share paid to shareholders for 68 consecutive fiscal years.

How does Parker Hannifin's (PH) dividend increase record compare to other S&P 500 companies?

Parker Hannifin's dividend increase record is among the top five longest-running in the S&P 500 Index.