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PH (Parker Hannifin) 5-Year Dividend Growth Rate : 14.60% (As of Dec. 2024)


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What is Parker Hannifin 5-Year Dividend Growth Rate?

Parker Hannifin's Dividends per Share for the three months ended in Dec. 2024 was $1.63.

During the past 12 months, Parker Hannifin's average Dividends Per Share Growth Rate was 10.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Parker Hannifin was 29.40% per year. The lowest was -3.80% per year. And the median was 10.25% per year.

Parker Hannifin's Dividend Payout Ratio for the three months ended in Dec. 2024 was 0.25. As of today, Parker Hannifin's Dividend Yield % is 1.09%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Parker Hannifin's 5-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Parker Hannifin's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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's 5-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parker Hannifin's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Parker Hannifin's 5-Year Dividend Growth Rate falls into.


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Parker Hannifin 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Parker Hannifin  (NYSE:PH) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Parker Hannifin's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2024 )/ EPS without NRI (Q: Dec. 2024 )
=1.63/ 6.53
=0.25

During the past 13 years, the highest Dividend Payout Ratio of Parker Hannifin was 0.39. The lowest was 0.24. And the median was 0.27.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Parker Hannifin Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.6300002025-02-072025-02-072025-03-07Cash DividendquarterlyUSD:USD 1.000000
USD 1.6300002024-11-082024-11-082024-12-06Cash DividendquarterlyUSD:USD 1.000000
USD 1.6300002024-08-282024-08-282024-09-13Cash DividendquarterlyUSD:USD 1.000000
USD 1.6300002024-05-092024-05-102024-06-07Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Parker Hannifin's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.52/598.02
=1.09 %

Current Share Price is $598.02.
Parker Hannifin's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.52.

During the past 13 years, the highest Dividend Yield of Parker Hannifin was 3.32%. The lowest was 0.88%. And the median was 1.59%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Parker Hannifin 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Parker Hannifin's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Parker Hannifin Business Description

Address
6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141
Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.
Executives
Joseph Scaminace director C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE N W, CLEVELAND OH 44115
Berend Bracht officer: VP & Pres.-Motion Systems Grp. 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Dinu J Parel officer: VP - Chief Information Officer 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124-4141
Thomas C Gentile officer: VP-Global Supply Chain C/O PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Jennifer A Parmentier officer: VP, Pres-Engineered Materials 6035 PARKLAND BLVD, CLEVELAND OH 44124
Robert W Malone officer: VP, President--Filtration Grp 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Andrew D Ross officer: VP and President - Seal Group 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Mark J Hart officer: EVP - HR & External Affairs 6035 PARKLAND BLVD, CLEVELAND OH 44124
James Verrier director 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Angela R Ives officer: Vice President and Controller PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Joseph R Leonti officer: VP, General Counsel, Secretary 6035 PARKLAND BLVD, CLEVELAND OH 44124
Rachid Bendali officer: VP & Pres.- Eng. Mat. Grp. 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Mark T Czaja officer: VP-Chief Technology & Innov. PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Denise R. Fleming director 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Todd M. Leombruno officer: VP & Controller C/O PARKER-HANNIFIN CORPORATION, 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124