Parker Increases Quarterly Cash Dividend 10% to $1.80 per Share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 24 2025
0mins
Source: Globenewswire
Dividend Announcement: Parker Hannifin Corporation has declared a quarterly cash dividend of $1.80 per share, marking a 10% increase from the previous dividend and representing the company's 300th consecutive quarterly dividend payment.
Financial Confidence: The increase in dividends reflects the Board's confidence in the company's financial position and ability to generate strong cash flows, with Parker having increased its annual dividend for 69 consecutive fiscal years.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
