Parker-Hannifin Corporation Stock Dividends
PH pays dividends quarterly. Last paid amount was $1.48 at Mar 01, 2024. As of today, dividend yield (TTM) is 1.68%.
Dividend Yield Range
AI Analysis of PH
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.68% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $1.48 |
| Next Ex-Dividend Date | May 09, 2024 |
| Next Payment Date | Jun 07, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from PH the purchase should be done within the next 2 days.
Here's a simple guide on how to buy PH stock.
PH Dividend Payout History
To ensure a understanding of PH's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 25, 2024 | May 09, 2024 | Jun 07, 2024 | $1.63 | 0.304% |
| 2 | Jan 25, 2024 | Feb 09, 2024 | Mar 01, 2024 | $1.48 | 0.275% |
| 3 | Jan 25, 2024 | Feb 08, 2024 | Mar 01, 2024 | $1.48 | 0.275% |
| 4 | Oct 25, 2023 | Nov 10, 2023 | Dec 01, 2023 | $1.48 | 0.336% |
| 5 | Aug 17, 2023 | Aug 25, 2023 | Sep 08, 2023 | $1.48 | 0.362% |
| 6 | Apr 27, 2023 | May 11, 2023 | Jun 02, 2023 | $1.48 | 0.434% |
| 7 | Jan 26, 2023 | Feb 09, 2023 | Mar 03, 2023 | $1.33 | 0.370% |
| 8 | Oct 26, 2022 | Nov 10, 2022 | Dec 02, 2022 | $1.33 | 0.447% |
| 9 | Aug 18, 2022 | Aug 26, 2022 | Sep 09, 2022 | $1.33 | 0.477% |
| 10 | Apr 28, 2022 | May 12, 2022 | Jun 03, 2022 | $1.33 | 0.480% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
PH Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from PH dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in PH stock here.
Comparing PH to Sector and Country
PH pays a solid dividend yield of 1.68%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.518%). PH’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.17%), which means that there are more attractive dividend stocks to consider.
PH Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Stanley Black & Decker Inc | 13.072B | $0.81 | 4.44% | -155.43% | |
| Southwest Airlines Company | 15.805B | $0.180 | 2.97% | 109.16% | |
| Parker-Hannifin Corporation | 68.851B | $1.48 | 1.68% | 21.73% |
