NYSE:PHMachinery
The Bull Case For Parker-Hannifin (PH) Could Change Following Record Results And 69-Year Dividend Streak
Parker-Hannifin recently reported a very strong quarter, with revenue and earnings surpassing analyst expectations and management highlighting record sales, segment operating margins, earnings per share, and year-to-date cash flow.
The company also underscored its consistency by marking 69 consecutive fiscal years of dividend increases, placing it among the top five longest-running dividend-growth records in the S&P 500.
Now we’ll examine how this combination of record operational...