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 1.55%.
Dividend Yield Range
AI Analysis of PH
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.55% |
|---|---|
| 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 | |
|---|---|---|---|---|---|
| 81 | Jul 23, 2004 | Aug 18, 2004 | Sep 03, 2004 | $0.127 | 0.343% |
| 82 | Apr 22, 2004 | May 18, 2004 | Jun 04, 2004 | $0.127 | 0.333% |
| 83 | Jan 29, 2004 | Feb 17, 2004 | Mar 05, 2004 | $0.127 | 0.325% |
| 84 | Oct 22, 2003 | Nov 18, 2003 | Dec 05, 2003 | $0.127 | 0.331% |
| 85 | Jul 17, 2003 | Aug 19, 2003 | Sep 05, 2003 | $0.127 | 0.392% |
| 86 | Apr 17, 2003 | May 20, 2003 | Jun 06, 2003 | $0.127 | 0.432% |
| 87 | Jan 30, 2003 | Feb 18, 2003 | Mar 07, 2003 | $0.127 | 0.495% |
| 88 | Oct 23, 2002 | Nov 18, 2002 | Dec 06, 2002 | $0.120 | 0.391% |
| 89 | Jul 11, 2002 | Aug 20, 2002 | Sep 06, 2002 | $0.120 | 0.453% |
| 90 | Apr 18, 2002 | May 21, 2002 | Jun 07, 2002 | $0.120 | 0.388% |
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 1.55%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.510%). PH’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.19%), 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 | 13.783B | $0.81 | 4.44% | -469.57% | |
| Southwest Airlines Company | 16.876B | $0.180 | 2.97% | 109.16% | |
| Parker-Hannifin Corporation | 69.347B | $1.63 | 1.55% | 27.54% |
