Parker-Hannifin Corp. (PH) Dividends
Dividend Yield and Dividend History Highlights
PH Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $623.02 | $104.5 | -63.55% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Parker Hannifin Corp, the DDM model, as implemented by StockNews, implies a negative return of 63.55% relative to its current price. Digging deeper, the aspects of Parker Hannifin Corp's dividend discount model that we found most interesting were:
- In comparison to other stocks in the large-sized revenue class, its discount rate is lower than that of 76.98% of dividend stocks in the same revenue class (a low discount rate is associated with lower risk).
- Regarding its relative worth based on the dividend discount model, Parker Hannifin Corp's estimated return of -63.55% surpasses about just 22.84% of dividend issuers we applied the dividend discount model to.
- A stock's beta generally indicates its volatility relative to the broader equity market; as for PH, approximately just 19.77% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
PH Dividend History
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Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2025-02-07 | Dividend | $1.63 | -- |
| 2024-11-08 | Dividend | $1.63 | -- |
| 2024-08-28 | Dividend | $1.63 | -- |
| 2024-05-09 | Dividend | $1.63 | +10.14% |
| 2024-02-08 | Dividend | $1.48 | -- |
| 2023-11-10 | Dividend | $1.48 | -- |
| 2023-08-25 | Dividend | $1.48 | -- |
| 2023-05-11 | Dividend | $1.48 | +11.28% |
| 2023-02-09 | Dividend | $1.33 | -- |
| 2022-11-11 | Dividend | $1.33 | -- |
| 2022-11-10 | Dividend | $1.33 | -- |
| 2022-08-26 | Dividend | $1.33 | -- |
| 2022-05-12 | Dividend | $1.33 | +29.13% |
| 2022-02-10 | Dividend | $1.03 | -- |
| 2021-11-10 | Dividend | $1.03 | -- |
| 2021-08-26 | Dividend | $1.03 | -- |
| 2021-05-06 | Dividend | $1.03 | +17.05% |
| 2021-02-09 | Dividend | $0.88 | -- |
| 2020-11-05 | Dividend | $0.88 | -- |
| 2020-08-27 | Dividend | $0.88 | -- |
PH Dividends vs. Peers
PH's dividend yield currently ranks #1 of 135 vs. its peers in the Industrial - Equipment category.
Looking for More Information on PH dividends?
Want to do more research on Parker Hannifin Corp's dividends? Try the links below:Parker Hannifin Corp Common Stock (PH) Dividend History | Nasdaq
Dividend History for Parker Hannifin Corp (PH) - Dividend Investor
Parker Hannifin Corp (PH) Dividend History - Seeking Alpha