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Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Parker-Hannifin Corporation (PH) pays a $7.60 annual dividend ($2.00 quarterly), yielding 0.79% at $962.59/share. Next ex-dividend date 2026-08-31. 17 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.79%
Annual Dividend: $7.60 per share
Payout Ratio: 44.4%
Ex-Dividend Date: 2026-08-31
Dividend Frequency: quarterly
Sector: Industrials
Years of Dividend History: 42
Parker-Hannifin Corporation dividend investors get exposure to a global industrial leader built on motion and control technologies. PH serves aerospace, mobile, and industrial markets through two segments: Diversified Industrial and Aerospace Systems, supplying hydraulic components, filtration systems, and flight control actuation to OEMs worldwide. The trailing annual dividend rate is $7.60 per share, paid quarterly, with the next ex-dividend date on August 31, 2026. A beta of 1.123 means PH stock moves slightly more than the broader market, making it a better fit for growth-oriented dividend investors than those seeking low-volatility income.
Parker-Hannifin Corporation pays out 44.4% of earnings as dividends, a payout ratio classified as moderate (40-60%). That level leaves meaningful earnings retained for reinvestment across its two segments, which span both cyclical industrial machinery and longer-cycle aerospace contracts. Parker-Hannifin Corporation dividend safety benefits from that diversification, since aerospace OEM relationships and industrial aftermarket distribution tend to operate on different demand timelines. The primary pressure point is the beta of 1.123: earnings in industrial machinery can swing with economic cycles, and a revenue downturn would test how much cushion that 44.4% payout ratio actually provides.
Parker-Hannifin Corporation dividend history shows a CAGR of 12.0% per year from 2011 to 2025. The per-share payment grew from $1.43 to $7.03 over that window (2026 data is partial and excluded from the CAGR calculation). The largest single-year jump was 26.4% in 2022. For income investors focused on dividend growth, 12.0% annually is a rate that doubles the payout roughly every six years, which is the defining characteristic of PH as a dividend investment.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +11.9% | $5.02 (2022) | $7.03 (2025) |
| 5-Year | +14.8% | $3.52 (2020) | $7.03 (2025) |
| 10-Year | +10.8% | $2.52 (2015) | $7.03 (2025) |
PH fits growth-and-income investors who prioritize dividend growth over current yield. The yield sits at 0.79%, classified as low (below 2%), and even that modest figure is above the 5-year average of 0.59%, meaning the stock is currently offering more income than it has historically. The 12.0% annual growth rate is the real draw here: investors in Parker-Hannifin Corporation stock accept a thin starting yield in exchange for a payout that has compounded at a rate few industrial peers match. The trade-off is straightforward: current income is minimal, but the growth engine, spanning aerospace systems and diversified industrial markets, has delivered.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-31 | $2.0000 |
| 2026-05-08 | $2.0000 |
| 2026-02-06 | $1.8000 |
| 2025-11-07 | $1.8000 |
| 2025-09-02 | $1.8000 |
| 2025-05-09 | $1.8000 |
| 2025-02-07 | $1.6300 |
| 2024-11-08 | $1.6300 |
| 2024-08-28 | $1.6300 |
| 2024-05-09 | $1.6300 |
| Year | Total Dividends |
|---|---|
| 2026 | $5.8000 |
| 2025 | $7.0300 |
| 2024 | $6.3700 |
| 2023 | $5.7700 |
| 2022 | $5.0200 |
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