Parker-Hannifin Corp. (PH) Dividends
Dividend Yield and Dividend History Highlights
PH Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $520.06 | $104.5 | -63.55% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Parker Hannifin Corp, the DDM model, as implemented by StockNews, implies a negative return of 63.55% relative to its current price. Digging deeper, the aspects of Parker Hannifin Corp's dividend discount model that we found most interesting were:
- In comparison to other stocks in the large-sized revenue class, its discount rate is lower than that of 76.98% of dividend stocks in the same revenue class (a low discount rate is associated with lower risk).
- Regarding its relative worth based on the dividend discount model, Parker Hannifin Corp's estimated return of -63.55% surpasses about just 22.84% of dividend issuers we applied the dividend discount model to.
- A stock's beta generally indicates its volatility relative to the broader equity market; as for PH, approximately just 19.77% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
PH Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-08 | Dividend | $1.48 | -- |
| 2023-11-10 | Dividend | $1.48 | -- |
| 2023-08-25 | Dividend | $1.48 | -- |
| 2023-05-11 | Dividend | $1.48 | +11.28% |
| 2023-02-09 | Dividend | $1.33 | -- |
| 2022-11-11 | Dividend | $1.33 | -- |
| 2022-11-10 | Dividend | $1.33 | -- |
| 2022-08-26 | Dividend | $1.33 | -- |
| 2022-05-12 | Dividend | $1.33 | +29.13% |
| 2022-02-10 | Dividend | $1.03 | -- |
| 2021-11-10 | Dividend | $1.03 | -- |
| 2021-08-26 | Dividend | $1.03 | -- |
| 2021-05-06 | Dividend | $1.03 | +17.05% |
| 2021-02-09 | Dividend | $0.88 | -- |
| 2020-11-05 | Dividend | $0.88 | -- |
| 2020-08-27 | Dividend | $0.88 | -- |
| 2020-05-07 | Dividend | $0.88 | -- |
| 2020-02-06 | Dividend | $0.88 | -- |
| 2019-11-07 | Dividend | $0.88 | -- |
| 2019-08-27 | Dividend | $0.88 | -- |
| 2019-05-09 | Dividend | $0.88 | +15.79% |
| 2019-02-07 | Dividend | $0.76 | -- |
| 2018-11-08 | Dividend | $0.76 | -- |
| 2018-08-27 | Dividend | $0.76 | -- |
| 2018-05-09 | Dividend | $0.76 | +15.15% |
| 2018-02-08 | Dividend | $0.66 | -- |
| 2017-11-09 | Dividend | $0.66 | -- |
| 2017-08-24 | Dividend | $0.66 | -- |
| 2017-05-08 | Dividend | $0.66 | -- |
| 2017-02-08 | Dividend | $0.66 | +4.76% |
| 2016-11-08 | Dividend | $0.63 | -- |
| 2016-08-25 | Dividend | $0.63 | -- |
| 2016-05-06 | Dividend | $0.63 | -- |
| 2016-02-08 | Dividend | $0.63 | -- |
| 2015-11-06 | Dividend | $0.63 | -- |
| 2015-08-26 | Dividend | $0.63 | -- |
| 2015-05-06 | Dividend | $0.63 | -- |
| 2015-02-06 | Dividend | $0.63 | -- |
| 2014-11-06 | Dividend | $0.63 | +31.25% |
| 2014-08-26 | Dividend | $0.48 | -- |
| 2014-05-07 | Dividend | $0.48 | -- |
| 2014-02-06 | Dividend | $0.48 | +6.67% |
| 2013-11-06 | Dividend | $0.45 | -- |
| 2013-08-23 | Dividend | $0.45 | -- |
| 2013-05-08 | Dividend | $0.45 | +4.65% |
| 2013-02-06 | Dividend | $0.43 | +4.88% |
| 2012-11-07 | Dividend | $0.41 | -- |
| 2012-08-24 | Dividend | $0.41 | -- |
| 2012-05-08 | Dividend | $0.41 | +5.13% |
| 2012-02-08 | Dividend | $0.39 | +5.41% |
| 2011-11-08 | Dividend | $0.37 | -- |
| 2011-08-25 | Dividend | $0.37 | -- |
| 2011-05-06 | Dividend | $0.37 | +15.63% |
| 2011-02-08 | Dividend | $0.32 | +10.34% |
| 2010-11-08 | Dividend | $0.29 | +7.41% |
| 2010-08-19 | Dividend | $0.27 | +3.85% |
| 2010-05-18 | Dividend | $0.26 | +4.00% |
| 2010-02-16 | Dividend | $0.25 | -- |
| 2009-11-17 | Dividend | $0.25 | -- |
| 2009-08-20 | Dividend | $0.25 | -- |
| 2009-05-19 | Dividend | $0.25 | -- |
| 2009-02-17 | Dividend | $0.25 | -- |
| 2008-11-18 | Dividend | $0.25 | -- |
| 2008-08-21 | Dividend | $0.25 | +19.05% |
| 2008-05-13 | Dividend | $0.21 | -- |
| 2008-02-19 | Dividend | $0.21 | -- |
| 2007-11-13 | Dividend | $0.21 | +96.87% |
| 2007-10-02 | Split | 3-2-for-1 Stock Split | N/A |
| 2007-08-23 | Dividend | $0.32 | +21.15% |
| 2007-05-15 | Dividend | $0.26 | -- |
| 2007-02-13 | Dividend | $0.26 | -- |
| 2006-11-14 | Dividend | $0.26 | -- |
| 2006-08-24 | Dividend | $0.26 | +13.04% |
| 2006-05-16 | Dividend | $0.23 | -- |
| 2006-02-14 | Dividend | $0.23 | -- |
| 2005-11-15 | Dividend | $0.23 | -- |
| 2005-08-18 | Dividend | $0.23 | +15.00% |
| 2005-05-17 | Dividend | $0.20 | -- |
| 2005-02-15 | Dividend | $0.20 | +5.26% |
| 2004-11-16 | Dividend | $0.19 | -- |
| 2004-08-18 | Dividend | $0.19 | -- |
| 2004-05-18 | Dividend | $0.19 | -- |
| 2004-02-17 | Dividend | $0.19 | -- |
| 2003-11-18 | Dividend | $0.19 | -- |
| 2003-08-19 | Dividend | $0.19 | -- |
| 2003-05-20 | Dividend | $0.19 | -- |
| 2003-02-18 | Dividend | $0.19 | +5.56% |
| 2002-11-18 | Dividend | $0.18 | -- |
| 2002-08-20 | Dividend | $0.18 | -- |
| 2002-05-21 | Dividend | $0.18 | -- |
| 2002-02-12 | Dividend | $0.18 | -- |
| 2001-11-19 | Dividend | $0.18 | -- |
| 2001-08-21 | Dividend | $0.18 | -- |
| 2001-05-15 | Dividend | $0.18 | -- |
| 2001-02-13 | Dividend | $0.18 | +5.88% |
| 2000-11-14 | Dividend | $0.17 | -- |
| 2000-08-16 | Dividend | $0.17 | -- |
| 2000-05-16 | Dividend | $0.17 | -- |
| 2000-02-22 | Dividend | $0.17 | -- |
| 1999-11-19 | Dividend | $0.17 | -- |
| 1999-08-20 | Dividend | $0.17 | -- |
| 1999-05-18 | Dividend | $0.17 | +50.00% |
| 1999-02-22 | Dividend | $0.11 | +13.33% |
| 1998-11-17 | Dividend | $0.10 | -- |
| 1998-08-18 | Dividend | $0.10 | -- |
| 1998-05-19 | Dividend | $0.10 | -- |
| 1998-02-17 | Dividend | $0.10 | -- |
| 1997-11-18 | Dividend | $0.10 | +200.00% |
| 1997-09-08 | Split | 3-2-for-1 Stock Split | N/A |
| 1997-08-19 | Dividend | $0.10 | +12.50% |
| 1997-05-20 | Dividend | $0.09 | -- |
| 1997-02-18 | Dividend | $0.09 | +11.11% |
| 1996-11-19 | Dividend | $0.08 | -- |
| 1996-08-20 | Dividend | $0.08 | -- |
| 1996-05-21 | Dividend | $0.08 | -- |
| 1996-02-20 | Dividend | $0.08 | -- |
| 1995-11-20 | Dividend | $0.08 | -- |
| 1995-08-22 | Dividend | $0.08 | -- |
| 1995-05-12 | Dividend | $0.08 | +8.01% |
| 1995-02-17 | Dividend | $0.07 | -- |
| 1994-11-14 | Dividend | $0.07 | -- |
| 1994-08-17 | Dividend | $0.07 | -- |
| 1994-05-13 | Dividend | $0.07 | -- |
| 1994-02-15 | Dividend | $0.07 | +4.16% |
| 1993-11-18 | Dividend | $0.07 | -- |
| 1993-08-13 | Dividend | $0.07 | -- |
| 1993-05-14 | Dividend | $0.07 | -- |
| 1993-02-11 | Dividend | $0.07 | -- |
| 1992-11-12 | Dividend | $0.07 | -- |
| 1992-08-13 | Dividend | $0.07 | -- |
| 1992-05-14 | Dividend | $0.07 | +4.34% |
| 1992-02-12 | Dividend | $0.07 | -- |
| 1991-11-14 | Dividend | $0.07 | -- |
| 1991-08-16 | Dividend | $0.07 | -- |
| 1991-05-16 | Dividend | $0.07 | -- |
| 1991-02-13 | Dividend | $0.07 | -- |
| 1990-11-15 | Dividend | $0.07 | -- |
| 1990-08-16 | Dividend | $0.07 | -- |
| 1990-05-10 | Dividend | $0.07 | -- |
| 1990-02-14 | Dividend | $0.07 | +9.53% |
| 1989-11-08 | Dividend | $0.06 | -- |
| 1989-08-10 | Dividend | $0.06 | -- |
| 1989-05-11 | Dividend | $0.06 | -- |
| 1989-02-13 | Dividend | $0.06 | -- |
| 1988-11-09 | Dividend | $0.06 | -- |
| 1988-08-10 | Dividend | $0.06 | -- |
| 1988-05-11 | Dividend | $0.06 | +4.99% |
| 1987-11-12 | Dividend | $0.06 | -- |
| 1986-06-09 | Split |
PH Dividends vs. Peers
PH's dividend yield currently ranks #1 of 135 vs. its peers in the Industrial - Equipment category.
Looking for More Information on PH dividends?
Want to do more research on Parker Hannifin Corp's dividends? Try the links below:Parker Hannifin Corp Common Stock (PH) Dividend History | Nasdaq
Dividend History for Parker Hannifin Corp (PH) - Dividend Investor
Parker Hannifin Corp (PH) Dividend History - Seeking Alpha