Parker-Hannifin (PH) Dividend Forecast & DRIP Calculator
Project future dividend income from Parker-Hannifin (PH) based on its 14.8% historical CAGR. Toggle DRIP, add monthly contributions, and set custom growth assumptions.
Results After 10 Years
Total Portfolio Value
$1,866.8686.7%
Annual Dividend Income
$36.25294.5%
Monthly Dividend Income
$3.02294.5%
Yield on Cost
3.63%
Total Return Breakdown
$1,867 (+86.7%)
Initial Investment
$1,000
53.6%
Additional Investments
$0
0.0%
Dividends
$197
10.6%
Stock Price Growth
$670
35.9%
Growth Projections
Total Portfolio Value ($)
Annual Dividend Income ($)
Monthly Dividend Income ($)
Yield on Cost (%)
Detailed Projections
Year 0
- Portfolio value
- $1,000.00
- Shares
- 1.10
- Annual DPS
- $7.2000
- Annual dividend
- $7.93
- Yield on cost
- 0.79%
- Stock price
- $908.06
- Total profit
- $0.00
Year 1
- Portfolio value
- $1,059.31
- Shares
- 1.11
- Annual DPS
- $8.2685
- Annual dividend
- $9.19
- Yield on cost
- 0.92%
- Annual investment
- $9.14
- Stock price
- $953.46
- Total profit
- $59.31
Year 2
- Portfolio value
- $1,123.06
- Shares
- 1.12
- Annual DPS
- $9.4955
- Annual dividend
- $10.65
- Yield on cost
- 1.07%
- Annual investment
- $10.59
- Stock price
- $1,001.14
- Total profit
- $123.06
Year 3
- Portfolio value
- $1,191.72
- Shares
- 1.13
- Annual DPS
- $10.9047
- Annual dividend
- $12.36
- Yield on cost
- 1.24%
- Annual investment
- $12.28
- Stock price
- $1,051.19
- Total profit
- $191.72
Year 4
- Portfolio value
- $1,265.83
- Shares
- 1.15
- Annual DPS
- $12.5229
- Annual dividend
- $14.36
- Yield on cost
- 1.44%
- Annual investment
- $14.26
- Stock price
- $1,103.75
- Total profit
- $265.83
Year 5
- Portfolio value
- $1,346.00
- Shares
- 1.16
- Annual DPS
- $14.3813
- Annual dividend
- $16.70
- Yield on cost
- 1.67%
- Annual investment
- $16.57
- Stock price
- $1,158.94
- Total profit
- $346.00
Year 6
- Portfolio value
- $1,432.93
- Shares
- 1.18
- Annual DPS
- $16.5155
- Annual dividend
- $19.45
- Yield on cost
- 1.94%
- Annual investment
- $19.28
- Stock price
- $1,216.89
- Total profit
- $432.93
Year 7
- Portfolio value
- $1,527.46
- Shares
- 1.20
- Annual DPS
- $18.9664
- Annual dividend
- $22.67
- Yield on cost
- 2.27%
- Annual investment
- $22.46
- Stock price
- $1,277.73
- Total profit
- $527.46
Year 8
- Portfolio value
- $1,630.52
- Shares
- 1.22
- Annual DPS
- $21.7810
- Annual dividend
- $26.47
- Yield on cost
- 2.65%
- Annual investment
- $26.20
- Stock price
- $1,341.62
- Total profit
- $630.52
Year 9
- Portfolio value
- $1,743.22
- Shares
- 1.24
- Annual DPS
- $25.0133
- Annual dividend
- $30.95
- Yield on cost
- 3.10%
- Annual investment
- $30.61
- Stock price
- $1,408.70
- Total profit
- $743.22
Year 10
- Portfolio value
- $1,866.86
- Shares
- 1.26
- Annual DPS
- $28.7253
- Annual dividend
- $36.25
- Yield on cost
- 3.63%
- Annual investment
- $35.81
- Stock price
- $1,479.13
- Total profit
- $866.86
| Year | Portfolio Value | Shares | Annual DPS | Annual Dividend | Yield on Cost | Annual Investment | Stock Price | Total Profit |
|---|---|---|---|---|---|---|---|---|
| 0 | $1,000.00 | 1.10 | $7.2000 | $7.93 | 0.79% | — | $908.06 | $0.00 |
| 1 | $1,059.31 | 1.11 | $8.2685 | $9.19 | 0.92% | $9.14 | $953.46 | $59.31 |
| 2 | $1,123.06 | 1.12 | $9.4955 | $10.65 | 1.07% | $10.59 | $1,001.14 | $123.06 |
| 3 | $1,191.72 | 1.13 | $10.9047 | $12.36 | 1.24% | $12.28 | $1,051.19 | $191.72 |
| 4 | $1,265.83 | 1.15 | $12.5229 | $14.36 | 1.44% | $14.26 | $1,103.75 | $265.83 |
| 5 | $1,346.00 | 1.16 | $14.3813 | $16.70 | 1.67% | $16.57 | $1,158.94 | $346.00 |
| 6 | $1,432.93 | 1.18 | $16.5155 | $19.45 | 1.94% | $19.28 | $1,216.89 | $432.93 |
| 7 | $1,527.46 | 1.20 | $18.9664 | $22.67 | 2.27% | $22.46 | $1,277.73 | $527.46 |
| 8 | $1,630.52 | 1.22 | $21.7810 | $26.47 | 2.65% | $26.20 | $1,341.62 | $630.52 |
| 9 | $1,743.22 | 1.24 | $25.0133 | $30.95 | 3.10% | $30.61 | $1,408.70 | $743.22 |
| 10 | $1,866.86 | 1.26 | $28.7253 | $36.25 | 3.63% | $35.81 | $1,479.13 | $866.86 |
Projected dividend income: DRIP vs no DRIP
Final-year advantageExtra income +$4.62 (14.6% vs no DRIP)Without DRIPWith DRIP
| Year | Without DRIP ($) | With DRIP ($) |
|---|---|---|
| 1 | 9.11 | 9.19 |
| 2 | 10.46 | 10.65 |
| 3 | 12.01 | 12.36 |
| 4 | 13.79 | 14.36 |
| 5 | 15.84 | 16.70 |
| 6 | 18.19 | 19.45 |
| 7 | 20.89 | 22.67 |
| 8 | 23.99 | 26.47 |
| 9 | 27.55 | 30.95 |
| 10 | 31.63 | 36.25 |
How much do you need?
How much do you need to invest to reach your dividend income goal?
Frequently asked questions
How much dividend income will Parker-Hannifin pay in 10 years?
- Based on a $1,000 investment with 14.8% annual dividend growth, Parker-Hannifin (PH) could generate $36.25/year in dividend income after 10 years (with DRIP enabled).
What is Parker-Hannifin's projected dividend growth rate?
- Parker-Hannifin (PH) has grown its dividend at a 14.8% annual rate over the past 5 years. This historical CAGR is used as the default projection but can be adjusted in the calculator.
How does DRIP work with Parker-Hannifin dividends?
- DRIP (Dividend Reinvestment Plan) automatically reinvests dividends into additional Parker-Hannifin shares. Over time, this compounds returns because you earn dividends on your reinvested dividends, significantly increasing total income.
How much do I need to invest in Parker-Hannifin to make $1,000/month in dividends?
- At Parker-Hannifin's current yield of 0.79%, you would need a lump-sum investment of approximately $1,513,433 to generate $1,000/month in dividends. Use the Goal Calculator above for detailed scenarios.
Are these dividend projections guaranteed?
- No. All projections are based on historical dividend growth rates and current yields. Companies can cut, suspend, or increase dividends at any time. Past performance does not guarantee future results.