Parker-Hannifin Dividend yield

Parker-Hannifin is part of General Industrials business, which is part of Industrials industry. Parker-Hannifin is a company from USA, and his stocks are publicly traded.

Parker-Hannifin stock dividend

Parker-Hannifin paid a total dividend of 758 million USD last year, for a market value of 53,363 millions (Market Cap 53,186 millions). Parker-Hannifin dividend per share is 5.92 USD, and his stock market price 416.90 USD.

According to the chart below, where dividend yield is displayed, Parker-Hannifin has a dividend yield of 1.42%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Parker-Hannifin stocks dividend with other General Industrials companies or other of the high USA dividend stocks list.

Parker-Hannifin Dividend Payout

About the ability of Parker-Hannifin to maintain his current dividend of USD 5.92 per share, an amount that accounts for 1.42%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Parker-Hannifin payout on ernings is currently 29.39%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Parker-Hannifincan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Parker-Hannifin is USD 23.29 per share, which is higher than the dividend per share paid by the company of USD 5.92, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Parker-Hannifin, compared againt world market average, USA companies, Industrials industry and General Industrials sector companies.

Parker-Hannifin Dividend History

Below you will find a table with the historical evolution of Parker-Hannifin's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	1.42%	5.92	29.39%	128
2022	1.83%	5.33	41.94%	128
2021	1.30%	4.14	25.76%	129
2020	1.29%	3.51	30.15%	128
2019	1.71%	3.52	26.00%	128
2018	2.04%	3.04	24.26%	133
2017	1.32%	2.63	30.83%	133
2016	1.81%	2.51	37.02%	136
2015	2.41%	2.52	31.07%	139

*In millions

Then you can see the evolution of Parker-Hannifin dividend stock, and compare it with the average of USA stocks and that of the General Industrials stocks.

Parker-Hannifin Stock performance

Finally, last moth Parker-Hannifin showed a return of 1.70% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 57.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and General Industrials firms.