Parker Hannifin Dividends
PH Stock | USD 699.88 6.97 0.99% |
As of now, Parker Hannifin's Dividends Paid is increasing as compared to previous years. The Parker Hannifin's current Dividend Yield is estimated to increase to 0.02, while Dividend Paid And Capex Coverage Ratio is projected to decrease to 1.82. Parker Hannifin's past performance could be the main factor of why investors trade Parker Hannifin stock today. Investors should clearly understand every aspect of the Parker Hannifin dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Parker Hannifin's dividend schedule and payout information. Parker Hannifin dividends can also provide a clue to the current valuation of Parker Hannifin.
Number Of Dividends | Years Issued 35 | Previous Year 4 Times | Current Year 4 Times | Year Average 4 | Volatility 0.0 |
Last Reported | Projected for Next Year | ||
Dividends Paid | 782 M | 821.2 M | |
Dividend Yield | 0.01 | 0.02 | |
Dividend Payout Ratio | 0.27 | 0.47 | |
Dividend Paid And Capex Coverage Ratio | 2.86 | 1.82 |
Parker |
Investing in dividend-paying stocks, such as Parker Hannifin is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Parker Hannifin must own a stock before its ex-dividend date to receive its next dividend.
Parker Hannifin Dividends Paid Over Time
Today, most investors in Parker Hannifin Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Parker Hannifin's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Parker Hannifin dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
Timeline |
Parker Hannifin Historical Dividend Yield Growth
A solid dividend growth pattern of Parker Hannifin could indicate future dividend growth is likely, which can signal long-term profitability for Parker Hannifin. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Parker Hannifin dividend as a percentage of Parker Hannifin stock price. Parker Hannifin dividend yield is a measure of Parker Hannifin stock productivity, which can be interpreted as interest rate earned on an Parker Hannifin investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
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Recent Parker Hannifin Dividends Paid (per share)
Dividends Paid |
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Parker Hannifin Past Distributions to stockholders
13th of September 2024 | ||
7th of June 2024 | ||
1st of March 2024 | ||
1st of December 2023 | ||
8th of September 2023 | ||
2nd of June 2023 | ||
3rd of March 2023 | ||
2nd of December 2022 |
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Parker Hannifin. If investors know Parker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Parker Hannifin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.07 | Dividend Share 6.22 | Earnings Share 22.19 | Revenue Per Share 155.467 | Quarterly Revenue Growth 0.012 |
The market value of Parker Hannifin is measured differently than its book value, which is the value of Parker that is recorded on the company's balance sheet. Investors also form their own opinion of Parker Hannifin's value that differs from its market value or its book value, called intrinsic value, which is Parker Hannifin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Parker Hannifin's market value can be influenced by many factors that don't directly affect Parker Hannifin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Parker Hannifin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parker Hannifin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parker Hannifin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.