NYSE:PHMachinery
Parker-Hannifin (PH) Declares US$1.80 Dividend and Expands Share Buyback to 20 Million
Parker-Hannifin (PH) has reaffirmed its commitment to shareholders with a quarterly cash dividend of $1.80 per share and an expanded share buyback plan. Over the last quarter, the company's stock price increased by 12%, potentially driven by these shareholder-friendly moves and robust earnings. Parker Hannifin reported a strong performance in its recent earnings, with increased net income and earnings per share, providing further support to its stock price appreciation. Additionally, broader...