Parker-Hannifin Dividend
Dividend criteria checks 4/6
Parker-Hannifin is a dividend paying company with a current yield of 1.14% that is well covered by earnings.
Key information
1.1%
Dividend yield
27%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$6.520 |
| Earnings per share | US$22.13 |
| Dividend yield forecast | 1.3% |
Recent dividend updates
Recent updates
Parker-Hannifin: The Swiss Army Knife Of Industrial Stocks
Aug 29An Intrinsic Calculation For Parker-Hannifin Corporation (NYSE:PH) Suggests It's 27% Undervalued
Aug 27
Here'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 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 26Stability 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) | 4.4% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (PH) (up to 3 years) | 1.3% |
Notable Dividend: PH's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: PH's dividend (1.14%) is low compared to the top 25% of dividend payers in the US market (4.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.4%), PH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.1%), PH's dividend payments are well covered by cash flows.