StockNews.AI
PH
StockNews.AI
2 days

Parker Declares Quarterly Cash Dividend and Updates Share Repurchase Authorization

1. Parker Hannifin declares a quarterly cash dividend of $1.80 per share. 2. This marks the company's 301st consecutive quarterly dividend payout. 3. Parker has raised its annual dividends for 69 consecutive years. 4. The share repurchase authorization now allows up to 20 million shares. 5. Parker Hannifin is a leader in motion and control technologies.

Shares Buyback
+2.63%Current Return
VS
+1.54%S&P 500
$733.0508/21 05:02 PM EDTEvent Start
$752.3308/22 11:03 PM EDTLatest Updated
3m saved
Insight
Article

FAQ

Why Bullish?

The consistent dividend increase reflects strong financial health. Historically, such actions have positively influenced stock value, evident during previous dividend announcements.

How important is it?

The dividend announcement strengthens investor confidence, indicating financial stability and profitability potential.

Why Short Term?

The immediate impact from dividend declarations typically influences market sentiment quickly. Recent examples show stock price increases post-dividend announcements.

Related Companies

DEHONGE
CLEVELAND, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of $1.80 per share of common stock to shareholders of record as of September 2, 2025. The dividend is payable September 12, 2025. This is the company's 301st consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 69 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index. The Board also approved an update to the number of shares available under the company’s existing share repurchase authorization so that the aggregate number of shares available for repurchase is now 20 million.  Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at www.parker.com or @parkerhannifin. ###

Related News