Parker-Hannifin (PH) Raises Quarterly Dividend 10.4% to $1.80; 1.2% Yield

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Parker Increases Quarterly Cash Dividend 10% to $1.80 per Share

April 24, 2025 5:00 PM EDT

CLEVELAND, April 24, 2025 (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 quarterly cash dividend of $1.80 per share of common stock to shareholders of record as of May 9, 2025. The dividend is payable June 6, 2025. The dividend represents a 10% increase over the previous quarterly cash dividend of $1.63 per common share and will be the 300th consecutive quarterly dividend paid by the company.

This dividend increase reflects the Boards confidence in our financial position and... More