Parker-Hannifin Dividend
Dividend criteria checks 4/6
Parker-Hannifin is a dividend paying company with a current yield of 1.08% that is well covered by earnings.
Key information
1.1%
Dividend yield
28%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$20.50 |
| Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
Parker-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 02
Do 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 09What Does Parker-Hannifin Corporation's (NYSE:PH) Share Price Indicate?
Apr 03Here's Why Parker-Hannifin (NYSE:PH) Can Manage Its Debt Responsibly
Mar 21A Look At The Fair Value Of Parker-Hannifin Corporation (NYSE:PH)
Mar 08Parker-Hannifin: Dividend King With Massive Upside Potential
Feb 17Parker-Hannifin declares $1.33 dividend
Jan 26Is Parker-Hannifin Corporation (NYSE:PH) Potentially Undervalued?
Jan 03Parker-Hannifin Remains Highly Attractive
Dec 23Is Parker-Hannifin (NYSE:PH) A Risky Investment?
Dec 20Parker-Hannifin Q1 2023 Earnings Preview
Nov 02We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Parker-Hannifin Corporation's (NYSE:PH) CEO For Now
Oct 20Parker-Hannifin: Don't Fear The Downside, Take Advantage
Oct 12Broker Revenue Forecasts For Parker-Hannifin Corporation (NYSE:PH) Are Surging Higher
Sep 24Should You Think About Buying Parker-Hannifin Corporation (NYSE:PH) Now?
Sep 21Parker Aerospace selected by Boeing to power the B-52H Stratofortress hydraulic system
Sep 20Is Parker-Hannifin (NYSE:PH) Using Too Much Debt?
Sep 06Parker-Hannifin declares $1.33 dividend
Aug 18Stability 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) | 1.1% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast in 3 Years (PH) | 1.3% |
Notable Dividend: PH's dividend (1.08%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: PH's dividend (1.08%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.1%), PH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.6%), PH's dividend payments are well covered by cash flows.