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Parker-Hannifin Stock

Parker-Hannifin Dividend 2024

Parker-Hannifin Dividend

6.37 USD

Parker-Hannifin Dividend yield

0.95 %

Ticker

PH

ISIN

US7010941042

WKN

855950

How much dividend does Parker-Hannifin 2024 pay?

According to the latest status from December 2024, Parker-Hannifin paid a total of 6.37 USD per share in dividends within the last 12 months. With the current Parker-Hannifin price of 671.82 USD, this corresponds to a dividend yield of 0.95 %. A dividend is paid 4 times per year.

0.95 % Dividend Yield=
6.37 USD Dividend
671.82 USD Stock Price

Historical Parker-Hannifin Dividends

A dividend is paid 4 times per year. Last year, the payout months were March, June, September, December and December.

PaydateDividend
12/8/20241.63
9/28/20241.63
6/9/20241.63
3/8/20241.48
12/10/20231.48
12/9/20231.48
9/25/20231.48
6/11/20231.48
3/9/20231.33
12/10/20221.33
9/26/20221.33
6/12/20221.33
3/10/20221.03
12/10/20211.03
9/26/20211.03
6/6/20211.03
3/9/20210.88
12/5/20200.88
9/27/20200.88
6/7/20200.88
1
2
3
4
5
...
8

Parker-Hannifin dividend history and estimates

In 2023, Parker-Hannifin paid a dividend amounting to 7.25 USD. Dividend means that Parker-Hannifin distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

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Dividend Overview

The dividend per year chart for Parker-Hannifin provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Parker-Hannifin’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Parker-Hannifin's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Parker-Hannifin Dividend History

DateParker-Hannifin Dividend
2029e6.93 undefined
2028e6.92 undefined
2027e6.93 undefined
2026e6.93 undefined
2025e6.91 undefined
20246.37 undefined
20237.25 undefined
20225.02 undefined
20213.97 undefined
20203.52 undefined
20193.4 undefined
20182.94 undefined
20172.64 undefined
20162.52 undefined
20152.52 undefined
20142.55 undefined
20132.23 undefined
20121.62 undefined
20111.43 undefined
20101.07 undefined
20091 undefined
20080.92 undefined
20070.77 undefined
20060.65 undefined
20050.57 undefined

Is the Parker-Hannifin Dividend Safe?

Parker-Hannifin has been increasing the dividend for 68 years.

Over the past 10 years, Parker-Hannifin has increased it by an annual 9.587 %.

Over a five-year period, the distribution increased by 13.379%.

Analysts expect a Dividend Increase of 4.166% for the current fiscal year.

Parker-Hannifin dividend payout ratio

In 2023, Parker-Hannifin had a payout ratio of 39.13%. The payout ratio indicates the percentage of the company's profits that Parker-Hannifin distributes as dividends.

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Payout ratio
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Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Parker-Hannifin represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Parker-Hannifin could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Parker-Hannifin's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Parker-Hannifin Payout Ratio History

DateParker-Hannifin Payout ratio
2029e40.95 %
2028e41.41 %
2027e40.94 %
2026e40.49 %
2025e42.8 %
202439.54 %
202339.13 %
202249.74 %
202129.75 %
202037.89 %
201929.69 %
201837.45 %
201736.57 %
201642.78 %
201536.15 %
201437.01 %
201335.79 %
201221.74 %
201122.45 %
201031.47 %
200931.95 %
200816.64 %
200716.38 %
200617.61 %
200517.17 %

Dividend Details

Understanding Parker-Hannifin's Dividend Distributions

Parker-Hannifin’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Parker-Hannifin's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Parker-Hannifin's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Parker-Hannifin’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Parker-Hannifin Aktienanalyse

What does Parker-Hannifin do?

The Parker-Hannifin Corporation was founded in 1917 in Cleveland, Ohio and is one of the world's largest manufacturers of motion and control technology. The company operates in three different segments: Aerospace, Industrial, and Climate & Industrial Controls. In the Aerospace segment, the company offers engineering and technical solutions for aerospace applications. These solutions include hydraulic, pneumatic, and electromechanical systems that are critical to the aircraft and aerospace industry. The Industrial segment provides motion and control solutions for a wide range of industrial applications, including food and beverage manufacturing, renewable energy, agriculture, oil and gas industry, and also for the automotive and transportation industry. In the third segment, Climate & Industrial Controls, Parker-Hannifin offers solutions for building automation and control. This includes fans, air conditioning and heating systems, as well as control systems for industrial processes. The company is also known for its wide range of products such as valves, pumps, motors, and hydraulic systems. Parker-Hannifin's products can be used in almost every industry, from automotive, aerospace, and medical technology to food and beverage industry. Parker-Hannifin has a long history of innovation and growth. In the 1950s, the company developed the first hydraulic valve controlled by an electrical circuit. In the 1960s, the company expanded into the international market and established branches in Europe and Japan. Parker-Hannifin has pursued an aggressive growth strategy in recent decades, which includes a combination of internal growth and acquisitions of other companies. The company has made numerous acquisitions to increase its revenue growth and expand its presence in new markets. Although Parker-Hannifin is not the most famous company in its field, it is an important provider of motion and control technology. The company focuses on developing innovative products and solutions to meet the needs of its customers. With a strong emphasis on customer satisfaction and technical innovation, Parker-Hannifin will continue to play a leading role in the motion and control technology industry. Parker-Hannifin is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Parker-Hannifin stock

How much dividend does Parker-Hannifin pay?

Over the past 12 months, Parker-Hannifin paid a dividend of 6.37 USD . This corresponds to a dividend yield of about 0.95 %. For the coming 12 months, Parker-Hannifin is expected to pay a dividend of 6.91 USD.

What is the dividend yield of Parker-Hannifin?

The current dividend yield of Parker-Hannifin is 0.95 %.

When does Parker-Hannifin pay dividends?

Parker-Hannifin pays a quarterly dividend. This is distributed in the months of March, June, September, December.

How secure is the dividend of Parker-Hannifin?

Parker-Hannifin paid dividends every year for the past 76 years.

What is the dividend of Parker-Hannifin?

For the upcoming 12 months, dividends amounting to 6.91 USD are expected. This corresponds to a dividend yield of 1.03 %.

In which sector is Parker-Hannifin located?

Parker-Hannifin is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Parker-Hannifin kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Parker-Hannifin from 12/6/2024 amounting to 1.63 USD, you needed to have the stock in your portfolio before the ex-date on 11/8/2024.

When did Parker-Hannifin pay the last dividend?

The last dividend was paid out on 12/6/2024.

What was the dividend of Parker-Hannifin in the year 2023?

In the year 2023, Parker-Hannifin distributed 7.25 USD as dividends.

In which currency does Parker-Hannifin pay out the dividend?

The dividends of Parker-Hannifin are distributed in USD.

Andere Kennzahlen von Parker-Hannifin

Our stock analysis for Parker-Hannifin Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Parker-Hannifin Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.