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Parker Hannifin (WBO:PH) Dividend Yield % : 1.08% (As of Apr. 26, 2024)


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What is Parker Hannifin Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of Parker Hannifin is 1.08%.

Warning Sign:

Parker Hannifin Corp stock dividend yield is close to 10-year low.

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

WBO:PH' s Dividend Yield % Range Over the Past 10 Years
Min: 1.02   Med: 1.61   Max: 3.32
Current: 1.08

During the past 13 years, the highest Dividend Yield of Parker Hannifin was 3.32%. The lowest was 1.02%. And the median was 1.61%.

WBO:PH's Dividend Yield % is ranked worse than
66.74% of 1852 companies
in the Industrial Products industry
Industry Median: 1.79 vs WBO:PH: 1.08

Parker Hannifin's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.24.

During the past 13 years, the highest Dividend Payout Ratio of Parker Hannifin was 0.43. The lowest was 0.25. And the median was 0.33.

As of today (2024-04-26), the Forward Dividend Yield % of Parker Hannifin is 1.08%.

Parker Hannifin's Dividends per Share for the three months ended in Dec. 2023 was €1.36.

During the past 12 months, Parker Hannifin's average Dividends Per Share Growth Rate was 14.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.00% 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 10.20% per year.

The growth rate is calculated with least square regression.

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


Parker Hannifin Dividend Yield % Historical Data

The historical data trend for Parker Hannifin's Dividend Yield % 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.

* Premium members only.

Parker Hannifin Dividend Yield % Chart

Parker Hannifin Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.68 1.46

Parker Hannifin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.74 1.63 1.46 1.42 1.29

Competitive Comparison of Parker Hannifin's Dividend Yield %

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

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

* The bar in red indicates where Parker Hannifin's Dividend Yield % falls into.



Parker Hannifin Dividend Yield % Calculation

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 1.4802024-02-082024-02-092024-03-01Cash DividendquarterlyUSD:EUR 0.927000
USD 1.4802023-11-102023-11-132023-12-01Cash DividendquarterlyUSD:EUR 0.924000
USD 1.4802023-08-252023-08-282023-09-08Cash DividendquarterlyUSD:EUR 0.917000
USD 1.4802023-05-112023-05-122023-06-02Cash DividendquarterlyUSD:EUR 0.920000

* 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5.45824/509.20
=1.07 %

Current Share Price is €509.20.
Parker Hannifin's Dividends per Share for the trailing twelve months (TTM) ended in Today is €5.45824.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.48784/509.20
=1.08 %

Current Share Price is €509.20.
Parker Hannifin's Dividends per Share for the forward twelve months is calculated as €1.37196 * 4 = €5.48784.

* 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  (WBO:PH) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Parker Hannifin Dividend Yield % Related Terms

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


Parker Hannifin (WBO:PH) Business Description

Traded in Other Exchanges
Address
6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141
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.