Parker Hannifin (WBO:PH) Dividend Payout Ratio : 0.26 (As of Sep. 2024)

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What is Parker Hannifin Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Parker Hannifin's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.26.

The historical rank and industry rank for Parker Hannifin's Dividend Payout Ratio or its related term are showing as below:

WBO:PH' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.35 Max: 0.44
Current: 0.24

During the past 13 years, the highest Dividend Payout Ratio of Parker Hannifin was 0.44. The lowest was 0.24. And the median was 0.35.

WBO:PH's Dividend Payout Ratio is ranked better than
69.25% of 1769 companies
in the Industrial Products industry
Industry Median: 0.36 vs WBO:PH: 0.24

As of today (2024-12-15), the Dividend Yield % of Parker Hannifin is 0.91%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Parker Hannifin was 3.32%. The lowest was 0.88%. And the median was 1.60%.

Parker Hannifin's Dividends per Share for the months ended in Sep. 2024 was €1.47.

During the past 12 months, Parker Hannifin's average Dividends Per Share Growth Rate was 10.70% 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Parker Hannifin Dividend Payout Ratio Historical Data

The historical data trend for Parker Hannifin's Dividend Payout Ratio can be seen below:

* 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.

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Parker Hannifin Dividend Payout Ratio Chart

Parker Hannifin Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Dividend Payout Ratio

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0.44

0.25

0.24

Parker Hannifin Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.25	0.24	0.23	0.24	0.26

Competitive Comparison of Parker Hannifin's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Parker Hannifin's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parker Hannifin's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Parker Hannifin's Dividend Payout Ratio falls into.

Parker Hannifin Dividend Payout Ratio Calculation

Parker Hannifin's Dividend Payout Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2024 )	/	EPS without NRI (A: Jun. 2024 )
	=	5.639	/	23.634
	=	0.24

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

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	1.469	/	5.586
	=	0.26

Parker Hannifin (WBO:PH) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Parker Hannifin Dividend Payout Ratio Related Terms

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

Parker Hannifin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Parker Hannifin Corp (WBO:PH) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

PH:USA 1PH:Italy 0KFZ:UK PAR:Germany PAR:Germany PAR:Germany P1HC34:Brazil

Address

6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141

Website

https://www.parker.com

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.