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 1.56%.
Dividend Yield Range
AI Analysis of PH
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.56% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 10.14% |
| Payout Ratio | 0 |
| Amount Per Share | $1.63 |
| Next Ex-Dividend Date | May 09, 2024 |
| Next Payment Date | Jun 07, 2024 |
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 | |
|---|---|---|---|---|---|
| 141 | Feb 02, 1990 | Feb 14, 1990 | Mar 02, 1990 | $0.0681 | 0.80% |
| 142 | Oct 26, 1989 | Nov 08, 1989 | Dec 01, 1989 | $0.0622 | 0.793% |
| 143 | Jul 14, 1989 | Aug 10, 1989 | Sep 01, 1989 | $0.0622 | 0.680% |
| 144 | Apr 14, 1989 | May 11, 1989 | Jun 02, 1989 | $0.0622 | 0.763% |
| 145 | Jan 27, 1989 | Feb 13, 1989 | Mar 03, 1989 | $0.0622 | 0.743% |
| 146 | Oct 27, 1988 | Nov 09, 1988 | Dec 02, 1988 | $0.0622 | 0.778% |
| 147 | Jul 15, 1988 | Aug 10, 1988 | Sep 02, 1988 | $0.0622 | 0.740% |
| 148 | Apr 18, 1988 | May 11, 1988 | Jun 03, 1988 | $0.0622 | 0.600% |
| 149 | Jan 22, 1988 | Feb 16, 1988 | Mar 04, 1988 | $0.0623 | 0.557% |
| 150 | Oct 27, 1987 | Nov 12, 1987 | Dec 04, 1987 | $0.0593 | 0.630% |
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 1.56%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.506%). PH’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (6.62%), 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 | 13.234B | $0.81 | 4.44% | -469.57% | |
| Southwest Airlines Company | 15.949B | $0.180 | 2.97% | 109.16% | |
| Parker-Hannifin Corporation | 68.105B | $1.63 | 1.56% | 27.54% |
