Parker-Hannifin Dividends and Buybacks
Dividend criteria checks 4/6
Parker-Hannifin is a dividend paying company with a current yield of 0.93% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 8th November, 2024.
Key information
0.9%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | -3.8% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 08 Nov 24 |
| Dividend per share | US$6.520 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Parker-Hannifin (NYSE:PH) Passed With Ease
Nov 14
Parker-Hannifin (NYSE:PH) Seems To Use Debt Quite Sensibly
Oct 11Why Parker-Hannifin Corporation (NYSE:PH) Could Be Worth Watching
Sep 19Parker-Hannifin's (NYSE:PH) Returns On Capital Are Heading Higher
Sep 08Parker-Hannifin: The Swiss Army Knife Of Industrial Stocks
Aug 29An Intrinsic Calculation For Parker-Hannifin Corporation (NYSE:PH) Suggests It's 27% Undervalued
Aug 27Here's Why Parker-Hannifin (NYSE:PH) Has Caught The Eye Of Investors
Aug 05Parker-Hannifin Corporation's (NYSE:PH) Shares May Have Run Too Fast Too Soon
Jul 11Parker-Hannifin: Track Record Of Creating Value Makes This A Buy
Jun 10At US$532, Is It Time To Put Parker-Hannifin Corporation (NYSE:PH) On Your Watch List?
Jun 02Calculating The Intrinsic Value Of Parker-Hannifin Corporation (NYSE:PH)
May 21Parker-Hannifin (NYSE:PH) Has Announced That It Will Be Increasing Its Dividend To $1.63
Apr 29Is Parker-Hannifin (NYSE:PH) Using Too Much Debt?
Apr 26Parker-Hannifin: Valuation Is Now Flying Too High (Rating Downgrade)
Apr 02Parker-Hannifin Corporation's (NYSE:PH) Business Is Yet to Catch Up With Its Share Price
Apr 02Do Parker-Hannifin's (NYSE:PH) Earnings Warrant Your Attention?
Mar 21At US$531, Is It Time To Put Parker-Hannifin Corporation (NYSE:PH) On Your Watch List?
Feb 26Parker-Hannifin Q2: Strong Aerospace Growth Offset By Weak Industrial In FY24
Feb 06Estimating The Fair Value Of Parker-Hannifin Corporation (NYSE:PH)
Jan 20Parker-Hannifin (NYSE:PH) Seems To Use Debt Quite Sensibly
Jan 08Parker-Hannifin: Re-Rating Nears Completion
Dec 29Parker-Hannifin Corporation's (NYSE:PH) Shareholders Might Be Looking For Exit
Dec 25If EPS Growth Is Important To You, Parker-Hannifin (NYSE:PH) Presents An Opportunity
Nov 28Parker-Hannifin: Tailwinds Already Priced In
Oct 19At US$379, Is It Time To Put Parker-Hannifin Corporation (NYSE:PH) On Your Watch List?
Oct 19Parker-Hannifin Corporation's (NYSE:PH) Intrinsic Value Is Potentially 34% Above Its Share Price
Sep 20Parker-Hannifin Is An Industrial Gem
Aug 14With EPS Growth And More, Parker-Hannifin (NYSE:PH) Makes An Interesting Case
Aug 07What Does Parker-Hannifin Corporation's (NYSE:PH) Share Price Indicate?
Jul 12These 4 Measures Indicate That Parker-Hannifin (NYSE:PH) Is Using Debt Reasonably Well
Jun 28Estimating The Fair Value Of Parker-Hannifin Corporation (NYSE:PH)
Jun 15Parker-Hannifin: Dominating A Fragmented $135 Billion Market
Jun 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PH's dividends per share have been stable in the past 10 years.
Growing Dividend: PH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Parker-Hannifin Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PH) | 0.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Machinery) | 1.5% |
| Analyst forecast (PH) (up to 3 years) | 1.1% |
Notable Dividend: PH's dividend (0.93%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: PH's dividend (0.93%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.7%), PH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.2%), PH's dividend payments are well covered by cash flows.