PH Parker Hannifin dividend history, payout ratio & dates
Parker Hannifin's last dividend of $1.63 per share was on Nov 8, 2024 (ex-date). The annualized dividend payment of $6.37 per share represents a current dividend yield of 0.91%.
Key dates
- PH last dividend date: Nov 8, 2024
PH dividend stats
vs. Industrials sector
Dividend yield
PH has a dividend yield of 0.91% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.36%, Parker Hannifin's dividend yield is 33% lower. Historically PH's dividend yield has averaged at 1.4% in the last 5 years, which is more than the current one.
Dividend history
Parker Hannifin has a history of paying dividends since 1995. Our records of PH show that the company has distributed four dividends in the past year. The annualized dividend per share has grown by 10% for the last twelve months. But with the stock price up by 62% from a year ago, the dividend yield has decreased by 32%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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% |
Parker Hannifin dividend payout ratio
Payout ratio
PH has a payout ratio of 28.3% 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 13% lower.
Total amount of dividends paid per financial year (from cash flow)
PH dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ROK Rockwell Automation Inc | 1.82% | $5.06 | 60.8% |
| PKOH Park Ohio Holdings Corp | 1.55% | $0.5 | 39.4% |
| IEX Idex Corp | 1.19% | $2.71 | 42% |
| DOV DOVER Corp | 1.01% | $2.05 | 18.2% |
| PH Parker Hannifin Corp | 0.91% | $6.37 | 28.3% |
| ITT ITT Inc | 0.8% | $1.25 | 21.2% |
| GE General Electric Co | 0.51% | $0.92 | 16% |
| DHR Danaher Corp | 0.45% | $1.05 | 19.8% |
| IR Ingersoll Rand Inc | 0.08% | $0.08 | 3.9% |
Frequently asked questions
Does Parker Hannifin pay a dividend?
Yes, Parker Hannifin has been paying dividends for the last 30 years.
When was PH's last dividend?
Parker Hannifin's last regular dividend was on Nov 8, 2024 (ex-date) with the amount of $1.63 per share.
How much dividend does Parker Hannifin pay (per share)?
PH has paid dividend of $6.37 per share in the last year.
What is Parker Hannifin's dividend yield?
Currently Parker Hannifin's dividend yield is 0.91%.
How often does Parker Hannifin pay dividends?
Parker Hannifin pays dividends quarterly.
What is Parker Hannifin's dividend payout ratio?
The dividend payout ratio of Parker Hannifin is 28.3%.
Does Parker Hannifin pay a good dividend?
Parker Hannifin's dividend yield is less than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.