Parker-Hannifin's last dividend of $2 per share was on May 8, 2026 (ex-date). The annualized dividend payment of $7.4 per share represents a current dividend yield of 0.7%. The latest PH payout of $2 marks a dividend growth of 11%.
PH has a dividend yield of 0.7% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.46%, Parker-Hannifin's dividend yield is 52% lower. Historically PH's dividend yield has averaged at 1.2% in the last 5 years, which is more than the current one.
Parker-Hannifin has a history of paying dividends since 1994. Our records of PH show that the company has distributed four dividends in the past year. The annualized dividend per share has grown by 11% for the last twelve months. But with the stock price up by 42% from a year ago, the dividend yield has decreased by 22%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 8, 2026 | $2 | 0.84% |
| Feb 6, 2026 | $1.8 | 0.74% |
| Nov 7, 2025 | $1.8 | 0.83% |
| Sep 2, 2025 | $1.8 | 0.91% |
| May 9, 2025 | $1.8 | 1.03% |
| Feb 7, 2025 | $1.63 | 0.95% |
| Nov 8, 2024 | $1.63 | 0.92% |
| Aug 28, 2024 | $1.63 | 1.06% |
| May 9, 2024 | $1.63 | 1.08% |
| Feb 8, 2024 | $1.48 | 1.15% |
| Nov 10, 2023 | $1.48 | 1.38% |
| Aug 25, 2023 | $1.48 | 1.39% |
| May 11, 2023 | $1.48 | 1.69% |
| Feb 9, 2023 | $1.33 | 1.51% |
| Nov 10, 2022 | $1.33 | 1.66% |
| Aug 26, 2022 | $1.33 | 1.71% |
| May 12, 2022 | $1.33 | 1.7% |
| Feb 10, 2022 | $1.03 | 1.35% |
| Nov 10, 2021 | $1.03 | 1.21% |
| Aug 26, 2021 | $1.03 | 1.26% |
| May 6, 2021 | $1.03 | 1.16% |
| Feb 9, 2021 | $0.88 | 1.28% |
| Nov 5, 2020 | $0.88 | 1.48% |
| Aug 27, 2020 | $0.88 | 1.69% |
| May 7, 2020 | $0.88 | 2.26% |
| Feb 6, 2020 | $0.88 | 1.68% |
| Nov 7, 2019 | $0.88 | 1.71% |
| Aug 27, 2019 | $0.88 | 2.08% |
| May 9, 2019 | $0.88 | 1.84% |
| Feb 7, 2019 | $0.76 | 1.87% |
| Nov 8, 2018 | $0.76 | 1.72% |
| Aug 27, 2018 | $0.76 | 1.63% |
| May 9, 2018 | $0.76 | 1.57% |
| Feb 8, 2018 | $0.66 | 1.51% |
| Nov 9, 2017 | $0.66 | 1.45% |
| Aug 24, 2017 | $0.66 | 1.67% |
| May 8, 2017 | $0.66 | 1.62% |
| Feb 8, 2017 | $0.66 | 1.73% |
| Nov 8, 2016 | $0.63 | 1.99% |
| Aug 25, 2016 | $0.63 | 2.04% |
| May 6, 2016 | $0.63 | 2.24% |
| Feb 8, 2016 | $0.63 | 2.49% |
| Nov 6, 2015 | $0.63 | 2.4% |
| Aug 26, 2015 | $0.63 | 2.44% |
| May 6, 2015 | $0.63 | 1.96% |
| Feb 6, 2015 | $0.63 | 1.84% |
PH has a payout ratio of 26.9% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 32%, Parker-Hannifin's payout ratio is 16% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ROK Rockwell Automation Inc | 1.21% | $5.45 | 50.8% |
| IEX Idex Corporation | 1.21% | $2.88 | 41.4% |
| PKOH Park Ohio Holdings Corp | 1.01% | $0.5 | 26% |
| DOV Dover Corp | 1% | $2.08 | 24.9% |
| DHR Danaher Corp | 0.71% | $1.44 | 25.5% |
| PH Parker-Hannifin Corp | 0.7% | $7.4 | 26.9% |
| ITT ITT Inc | 0.67% | $1.47 | 28.7% |
| GE General Electric Company | 0.45% | $1.66 | 19.4% |
| IR Ingersoll Rand Inc | 0.1% | $0.08 | 3.3% |
Yes, Parker-Hannifin has been paying dividends for the last 32 years.
Parker-Hannifin's last regular dividend was on May 8, 2026 (ex-date) with the amount of $2 per share.
PH has paid dividend of $7.4 per share in the last year.
Currently Parker-Hannifin's dividend yield is 0.7%.
Parker-Hannifin pays dividends quarterly.
The dividend payout ratio of Parker-Hannifin is 26.9%.
Parker-Hannifin's dividend yield is less than the Industrials sector average.
Special dividends are included in TTM DPS and yield.