Parker Hannifin's last quarterly dividend of $1.63 per share was on May 9, 2024 (ex-date). The annualized dividend payment of $6.07 per share represents a current dividend yield of 1.11%. The latest PH payout of $1.63 marks a dividend growth of 10%.
PH has a dividend yield of 1.11% which is higher than its peers average but lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.41%, Parker Hannifin's dividend yield is 21% lower. Historically PH's dividend yield has averaged at 1.5% in the last 5 years, which is more than the current one.
Parker Hannifin has a history of paying dividends since 1995. Our records of PH show that the company has distributed four quarterly 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 37% from a year ago, the dividend yield has decreased by 19%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 9, 2024 | Jun 7, 2024 | Apr 25, 2024 | $1.63 | normal |
Feb 8, 2024 | Mar 1, 2024 | Jan 25, 2024 | $1.48 | normal |
Nov 10, 2023 | Dec 1, 2023 | Oct 25, 2023 | $1.48 | normal |
Aug 25, 2023 | Sep 8, 2023 | Aug 17, 2023 | $1.48 | normal |
May 11, 2023 | Jun 2, 2023 | Apr 27, 2023 | $1.48 | normal |
Feb 9, 2023 | Mar 3, 2023 | Jan 26, 2023 | $1.33 | normal |
Nov 10, 2022 | Dec 2, 2022 | Oct 26, 2022 | $1.33 | normal |
Aug 26, 2022 | Sep 9, 2022 | Aug 18, 2022 | $1.33 | normal |
May 12, 2022 | Jun 3, 2022 | Apr 28, 2022 | $1.33 | normal |
Feb 10, 2022 | Mar 4, 2022 | Jan 27, 2022 | $1.03 | normal |
Nov 10, 2021 | Dec 3, 2021 | Oct 27, 2021 | $1.03 | normal |
Aug 26, 2021 | Sep 10, 2021 | Aug 12, 2021 | $1.03 | normal |
May 6, 2021 | Jun 4, 2021 | Apr 22, 2021 | $1.03 | normal |
Feb 9, 2021 | Mar 5, 2021 | Jan 27, 2021 | $0.88 | normal |
Nov 5, 2020 | Dec 4, 2020 | Oct 28, 2020 | $0.88 | normal |
Aug 27, 2020 | Sep 11, 2020 | Aug 13, 2020 | $0.88 | normal |
May 7, 2020 | Jun 5, 2020 | Apr 22, 2020 | $0.88 | normal |
Feb 6, 2020 | Mar 6, 2020 | Jan 23, 2020 | $0.88 | normal |
Nov 7, 2019 | Dec 6, 2019 | Oct 23, 2019 | $0.88 | normal |
Aug 27, 2019 | Sep 13, 2019 | Aug 15, 2019 | $0.88 | normal |
May 9, 2019 | Jun 7, 2019 | Apr 25, 2019 | $0.88 | normal |
Feb 7, 2019 | Mar 1, 2019 | Jan 24, 2019 | $0.76 | normal |
Nov 8, 2018 | Dec 7, 2018 | Oct 24, 2018 | $0.76 | normal |
Aug 27, 2018 | Sep 14, 2018 | Aug 16, 2018 | $0.76 | normal |
May 9, 2018 | Jun 1, 2018 | Apr 19, 2018 | $0.76 | normal |
Feb 8, 2018 | Mar 2, 2018 | Jan 25, 2018 | $0.66 | normal |
Nov 9, 2017 | Dec 1, 2017 | Oct 25, 2017 | $0.66 | normal |
Aug 24, 2017 | Sep 8, 2017 | Aug 17, 2017 | $0.66 | normal |
May 8, 2017 | Jun 2, 2017 | Apr 20, 2017 | $0.66 | normal |
Feb 8, 2017 | Mar 3, 2017 | Jan 26, 2017 | $0.66 | normal |
Nov 8, 2016 | Dec 2, 2016 | Oct 26, 2016 | $0.63 | normal |
Aug 25, 2016 | Sep 9, 2016 | Aug 18, 2016 | $0.63 | normal |
May 6, 2016 | Jun 3, 2016 | Apr 22, 2016 | $0.63 | normal |
Feb 8, 2016 | Mar 4, 2016 | Jan 21, 2016 | $0.63 | normal |
Nov 6, 2015 | Dec 4, 2015 | Oct 28, 2015 | $0.63 | normal |
Aug 26, 2015 | Sep 11, 2015 | Aug 13, 2015 | $0.63 | normal |
PH has a payout ratio of 28.2% which is higher than its peers average but lower than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 32.7%, Parker Hannifin's payout ratio is 14% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
ROK Rockwell Automation Inc | 1.78% | $4.93 | 48% |
DOV DOVER Corp | 1.1% | $2.04 | 18.9% |
PH Parker Hannifin Corp | 1.09% | $6.07 | 28.2% |
ITT ITT Inc | 0.87% | $1.22 | 23.7% |
GE General Electric Co | 0.42% | $0.72 | 16.9% |
DHR Danaher Corp | 0.38% | $1.05 | 18.5% |
IR Ingersoll Rand Inc | 0.08% | $0.08 | 4% |
Yes, Parker Hannifin has been paying dividends for the last 29 years.
PH hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in August 2024.
Parker Hannifin's last regular dividend was on May 9, 2024 (ex-date) with the amount of $1.63 per share.
PH has paid dividend of $6.07 per share in the last year.
Currently Parker Hannifin's dividend yield is 1.11%.
Parker Hannifin pays dividends quarterly.
The dividend payout ratio of Parker Hannifin is 28.2%.
Parker Hannifin's dividend yield is less than the Industrials sector average.