Parker Hannifin's yield on cost for the quarter that ended in Dec. 2023 was 2.09.
The historical rank and industry rank for Parker Hannifin's 5-Year Yield-on-Cost % or its related term are showing as below:
PH'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.94 Med: 3.06 Max: 6.31
Current: 2.09
During the past 13 years, Parker Hannifin's highest Yield on Cost was 6.31. The lowest was 1.94. And the median was 3.06.
PH's 5-Year Yield-on-Cost % is ranked better than 50.24% of 1851
companies
in the Industrial Products industry
Industry Median: 2.06
vs PH: 2.09
Competitive Comparison
For the Specialty Industrial Machinery subindustry, Parker Hannifin's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Parker Hannifin 5-Year Yield-on-Cost % Distribution
For the Industrial Products industry and Industrials sector, Parker Hannifin's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Parker Hannifin's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Parker Hannifin is calculated as
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Parker Hannifin 5-Year Yield-on-Cost % Related Terms
Thank you for viewing the detailed overview of Parker Hannifin's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.
Parker Hannifin (Parker Hannifin) Business Description
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
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