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Data last updated: Oct 21, 2026
Snapshot (as of Oct 21, 2026): Parker-Hannifin Corporation (PH) pays a $7.40 annual dividend ($2.00 quarterly), yielding 0.83% at $944.61/share. Next ex-dividend date 2026-08-31. 39+ consecutive years of dividend growth (Dividend Aristocrat). Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.83%
Annual Dividend: $7.40 per share
Payout Ratio: 26.0%
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 107-year-old industrial manufacturer serving aerospace, defense, and energy markets worldwide. PH currently yields 0.83%, with trailing twelve-month payments of $7.40 per share paid quarterly. The next ex-dividend date is August 31, 2026, with the last declared quarterly payment at $2.00 per share. A Dividend Aristocrat with a beta of 1.119, PH fits growth-oriented investors who can accept modest current income in exchange for a dividend that has compounded at double-digit rates.
Parker-Hannifin Corporation pays out 26.0% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to sustain and grow the dividend even if earnings soften, and PH's broad exposure across aerospace, defense, industrial, and HVAC markets means demand is spread across multiple end markets rather than concentrated in one. Parker-Hannifin Corporation dividend safety faces its most realistic pressure from cyclical industrial demand, since the company sells heavily to original equipment manufacturers whose own production volumes can contract during economic slowdowns.
Parker-Hannifin Corporation dividend history shows a CAGR of 12.0% per year from 2011 to 2025. The per-share annual dividend grew from $1.43 in 2011 to $7.03 in 2025 (2026 data is partial and excluded from this calculation). The largest annual increase in the window was 26.4% in 2022, while the smallest single-year step was the flat $2.52 recorded in both 2015 and 2016. At 12.0% annualized, the dividend has roughly doubled every six years, which matters more to a long-term holder than the current yield alone.
| 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 stock is built for growth-and-income investors who want a rising dividend stream from a diversified industrial business, not a high starting yield. The current yield of 0.83% is low (below 2%) and sits below the 5-year average yield of 1.11%, meaning the stock has re-rated upward relative to its own history. What offsets that low yield is a 39-year consecutive increase streak, Dividend Aristocrat status, and a 12.0% annual growth rate that has more than quadrupled the per-share payout over the past 14 years. The trade-off is straightforward: investors accept a thin income yield today in exchange for a dividend that has compounded at a pace few industrials match.
PH is a Dividend Aristocrat with 39 consecutive years of dividend increases.
| 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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