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Parker-Hannifin raises quarterly dividend 11% to $2.00, marking 304 consecutive quarterly payments.

Company Fundamentals
23 Apr 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Parker-Hannifin Corporation announced an 11% increase in its quarterly cash dividend to $2.00 per share, payable June 5, 2026, for shareholders of record on May 8, 2026. This marks the company's 304th consecutive quarterly dividend payment and continues its record of 70 consecutive fiscal years of annual dividend increases. The dividend hike reflects the board's confidence in the company's stable cash flow and long-term outlook. Parker-Hannifin remains committed to capital deployment through acquisitions, share repurchases, and dividend growth, underscoring its financial strength and shareholder value focus.

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