Parker Declares Quarterly Cash Dividend
Get Alerts PH Hot Sheet
Join SI Premium – FREE
CLEVELAND, Aug. 18, 2016 (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 63 cents per share of common stock to shareholders of record as of August 29, 2016. The dividend is payable September 9, 2016.
This is the company's 265th consecutive quarterly dividend. Parker has increased its annual dividends paid to shareholders for 60 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.
With annual sales of $11 billion in fiscal year 2016, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company has operations in 49 countries around the world. Parker has increased its annual dividends paid to shareholders for 60 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company's website at www.parker.com, or its investor information website at www.phstock.com.
###
Contact: Media – Aidan Gormley, Director, Global Communications and Branding 216/896-3258 [email protected] Financial Analysts – Robin J. Davenport, Vice President, Corporate Finance 216/896-2265 [email protected]Source: Parker Hannifin Corporation
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Reveal Technology, Inc. Receives $3.2M Award With U.S. Marine Corps Warfighting Laboratory (MCWL)
- OBMI Appoints Mauro Comoli as Managing Director for Miami Office
- Tenaska Marketing Ventures Announces Strategic Succession Planning
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
Davenport, DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!