Parker-Hannifin Corporation (PH) Dividends
Dividend Yield and Dividend History Highlights
PH Price Forecast Based on Dividend Discount Model
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The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Parker Hannifin Corp, the DDM model generated by StockNews estimates a return of negative 69.31% in comparison to its current price. To help understand and contextualize the model's evaluation of PH, investors may wish to consider are:
- With a market cap of roughly $37 billion, PH is in the large-sized market cap class; here, it has a lower equity discount rate than 25.61% of stocks.
- Regarding its relative worth based on the dividend discount model, PH's provides a return of -69.31% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than merely 24.38% of all stocks we measured with our dividend discount model.
- A stock's beta generally indicates its volatility relative to the broader equity market; as for PH, approximately merely 24.03% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
PH Dividend Chart
PH Dividend History
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