Current Yield
0.77%
TTM Dividend/Share
$7.40
Payment Frequency
Quarterly
Payout Ratio
27.3%
Consecutive Growth Years
10 (Dividend Contender)
Key takeaways
- Dividend Contender — Parker-Hannifin (PH) has raised its dividend for 10 consecutive years.
- Parker-Hannifin (PH) currently yields 0.77%, paying $7.40 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 27.3% — the share of earnings distributed as dividends.
- 8 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 14.84%.
Dividend health for Parker-Hannifin (PH)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 15.6% |
FCF payout ratio | 6.3% |
Net debt / EBITDA | 1.6x |
Interest coverage | 10.81x |
ROIC (TTM) | 15.9% |
Dividend safety score for Parker-Hannifin (PH)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
8 of 8 checks passed
Payout ratio below 75%
Payout ratio is 27.3%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $2.8B — FCF fully covers the payout.
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
10 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 6.3%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.6x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (14.8%) ≤ EPS growth (17.2%) — sustainable.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
164 payments from 1985 to 2026 · Adj. Dividend is split-adjusted
| May 8, 2026 | Jun 5, 2026 | $2.0000 | $2.0000 |
| Feb 6, 2026 | Mar 6, 2026 | $1.8000 | $1.8000 |
| Nov 7, 2025 | Dec 5, 2025 | $1.8000 | $1.8000 |
| Sep 2, 2025 | Sep 12, 2025 | $1.8000 | $1.8000 |
| May 9, 2025 | Jun 6, 2025 | $1.8000 | $1.8000 |
| Feb 7, 2025 | Mar 7, 2025 | $1.6300 | $1.6300 |
| Nov 8, 2024 | Dec 6, 2024 | $1.6300 | $1.6300 |
| Aug 28, 2024 | Sep 13, 2024 | $1.6300 | $1.6300 |
| May 9, 2024 | Jun 7, 2024 | $1.6300 | $1.6300 |
| Feb 8, 2024 | Mar 1, 2024 | $1.4800 | $1.4800 |
| Nov 10, 2023 | Dec 1, 2023 | $1.4800 | $1.4800 |
| Aug 25, 2023 | Sep 8, 2023 | $1.4800 | $1.4800 |
- May 8, 2026$2.0000
- Feb 6, 2026$1.8000
- Nov 7, 2025$1.8000
- Sep 2, 2025$1.8000
- May 9, 2025$1.8000
- Feb 7, 2025$1.6300
- Nov 8, 2024$1.6300
- Aug 28, 2024$1.6300
- May 9, 2024$1.6300
- Feb 8, 2024$1.4800
- Nov 10, 2023$1.4800
- Aug 25, 2023$1.4800
Historical dividend yield for Parker-Hannifin (PH)
Dividend per share for Parker-Hannifin (PH)
CAGR (per year)1Y: 10.36%5Y: 14.84%10Y: 10.80%→ Stable
| Year | Total ($/share) | Payments |
|---|---|---|
| 1985 | $0.11 | 2 |
| 1986 | $0.23 | 4 |
| 1987 | $0.24 | 4 |
| 1988 | $0.25 | 4 |
| 1989 | $0.25 | 4 |
| 1990 | $0.27 | 4 |
| 1991 | $0.27 | 4 |
| 1992 | $0.28 | 4 |
| 1993 | $0.28 | 4 |
| 1994 | $0.30 | 4 |
| 1995 | $0.31 | 4 |
| 1996 | $0.32 | 4 |
| 1997 | $0.34 | 4 |
| 1998 | $0.40 | 4 |
| 1999 | $0.45 | 4 |
| 2000 | $0.45 | 4 |
| 2001 | $0.48 | 4 |
| 2002 | $0.48 | 4 |
| 2003 | $0.51 | 4 |
| 2004 | $0.51 | 4 |
| 2005 | $0.57 | 4 |
| 2006 | $0.65 | 4 |
| 2007 | $0.77 | 4 |
| 2008 | $0.92 | 4 |
| 2009 | $1.00 | 4 |
| 2010 | $1.07 | 4 |
| 2011 | $1.43 | 4 |
| 2012 | $1.62 | 4 |
| 2013 | $1.78 | 4 |
| 2014 | $2.07 | 4 |
| 2015 | $2.52 | 4 |
| 2016 | $2.52 | 4 |
| 2017 | $2.64 | 4 |
| 2018 | $2.94 | 4 |
| 2019 | $3.40 | 4 |
| 2020 | $3.52 | 4 |
| 2021 | $3.97 | 4 |
| 2022 | $5.02 | 4 |
| 2023 | $5.77 | 4 |
| 2024 | $6.37 | 4 |
| 2025 | $7.03 | 4 |
| 2026 | $3.80 | 2 |
Dividend growth for Parker-Hannifin (PH)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $7.0300 | — | — |
| 2025 | $6.3700 | $7.0300 | +10.4% |
| 2024 | $5.7700 | $6.3700 | +10.4% |
| 2023 | $5.0200 | $5.7700 | +14.9% |
| 2022 | $3.9700 | $5.0200 | +26.4% |
| 2021 | $3.5200 | $3.9700 | +12.8% |
| 2020 | $3.4000 | $3.5200 | +3.5% |
| 2019 | $2.9400 | $3.4000 | +15.6% |
| 2018 | $2.6400 | $2.9400 | +11.4% |
| 2017 | $2.5200 | $2.6400 | +4.8% |
| 2016 | $2.5200 | $2.5200 | 0.0% |
| 2015 | $2.0700 | $2.5200 | +21.7% |
| 2014 | $1.7800 | $2.0700 | +16.3% |
| 2013 | $1.6200 | $1.7800 | +9.9% |
| 2012 | $1.4300 | $1.6200 | +13.3% |
| 2011 | $1.0700 | $1.4300 | +33.6% |
| 2010 | $1.0000 | $1.0700 | +7.0% |
| 2009 | $0.9200 | $1.0000 | +8.7% |
| 2008 | $0.7667 | $0.9200 | +20.0% |
| 2007 | $0.6533 | $0.7667 | +17.3% |
| 2006 | $0.5733 | $0.6533 | +14.0% |
| 2005 | $0.5067 | $0.5733 | +13.2% |
| 2004 | $0.5067 | $0.5067 | 0.0% |
| 2003 | $0.4800 | $0.5067 | +5.6% |
| 2002 | $0.4800 | $0.4800 | 0.0% |
| 2001 | $0.4533 | $0.4800 | +5.9% |
| 2000 | $0.4533 | $0.4533 | 0.0% |
| 1999 | $0.4000 | $0.4533 | +13.3% |
| 1998 | $0.3444 | $0.4000 | +16.1% |
| 1997 | $0.3200 | $0.3444 | +7.6% |
| 1996 | $0.3141 | $0.3200 | +1.9% |
| 1995 | $0.2963 | $0.3141 | +6.0% |
| 1994 | $0.2844 | $0.2963 | +4.2% |
| 1993 | $0.2815 | $0.2844 | +1.1% |
| 1992 | $0.2726 | $0.2815 | +3.3% |
| 1991 | $0.2726 | $0.2726 | 0.0% |
| 1990 | $0.2489 | $0.2726 | +9.5% |
| 1989 | $0.2489 | $0.2489 | 0.0% |
| 1988 | $0.2370 | $0.2489 | +5.0% |
| 1987 | $0.2331 | $0.2370 | +1.7% |
| 1986 | — | $0.2331 | — |
- 2026—
- 2025$7.0300
- 2024$6.3700
- 2023$5.7700
- 2022$5.0200
- 2021$3.9700
- 2020$3.5200
- 2019$3.4000
- 2018$2.9400
- 2017$2.6400
- 2016$2.5200
- 2015$2.5200
- 2014$2.0700
- 2013$1.7800
- 2012$1.6200
- 2011$1.4300
- 2010$1.0700
- 2009$1.0000
- 2008$0.9200
- 2007$0.7667
- 2006$0.6533
- 2005$0.5733
- 2004$0.5067
- 2003$0.5067
- 2002$0.4800
- 2001$0.4800
- 2000$0.4533
- 1999$0.4533
- 1998$0.4000
- 1997$0.3444
- 1996$0.3200
- 1995$0.3141
- 1994$0.2963
- 1993$0.2844
- 1992$0.2815
- 1991$0.2726
- 1990$0.2726
- 1989$0.2489
- 1988$0.2489
- 1987$0.2370
- 1986$0.2331
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
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