Parker Declares Quarterly Cash Dividend

Rhea-AI Summary

Parker Hannifin (NYSE: PH) has declared a regular quarterly cash dividend of $1.63 per share of common stock. Shareholders of record as of February 7, 2025, will receive the payment on March 7, 2025. This marks the company's 299th consecutive quarterly dividend. Parker has maintained an impressive track record of increasing 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.

Positive

• Maintains 299th consecutive quarterly dividend payment, demonstrating strong financial stability
• 68-year track record of consecutive annual dividend increases
• Ranks among top 5 longest-running dividend-increase records in S&P 500
• Current quarterly dividend of $1.63 per share indicates strong shareholder returns

Negative

• None.

CLEVELAND, Jan. 23, 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 $1.63 per share of common stock to shareholders of record as of February 7, 2025. The dividend is payable March 7, 2025.

This is the company's 299^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 Parker Hannifin's latest quarterly dividend amount for 2025?

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

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

The dividend will be paid on March 7, 2025, to shareholders of record as of February 7, 2025.

How many consecutive quarters has Parker Hannifin paid dividends?

Parker Hannifin has paid dividends for 299 consecutive quarters.

For how many consecutive years has Parker Hannifin (PH) increased its annual dividend?

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

How does Parker Hannifin's dividend increase record rank in the S&P 500?

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