SmarterDividends
PH

Parker-Hannifin Corporation

PH

Industrials · Specialty Industrial Machinery · Stock · quarterly payer

$928.45

Overvalued · -36% Add to Portfolio

Forward Yield

0.88%

Annual Dividend

$8.00

Payout Ratio

26%

5-Yr Growth

14.8%

Ex-Date

Nov 13, 2026

Frequency

Quarterly

Key facts about PH's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 30, 2026, Parker-Hannifin Corporation (PH) has a forward dividend yield of 0.88%, based on an annual dividend of $8.00 per share and a share price of $928.45.
  • As of Oct 30, 2026, PH's dividend safety grade from SmarterDividends is A (99 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Parker-Hannifin Corporation (PH) has raised its dividend for 9 consecutive years as of Oct 30, 2026.
  • PH has never cut its regular dividend in the payment history SmarterDividends has on record.
  • PH's next ex-dividend date is Nov 13, 2026, with payment on Dec 4, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 30, 2026, PH pays out 26% of its trailing 12-month earnings as dividends (its payout ratio).
  • PH's dividend has grown at an average rate of 14.8% a year over the past five years.
  • As of Oct 30, 2026, PH's 0.88% yield is 35% below its five-year average yield of 1.34%.
  • As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for PH is $598.01 per share, 36% below the $928.45 share price, so PH screens as overvalued.
  • Parker-Hannifin Corporation (PH) pays its dividend quarterly, 4 times a year.
  • Parker-Hannifin Corporation (PH) has raised its regular dividend 36 times and cut it 0 times across the 164 payments on record since 1985. Its most recent change was a 11.1% increase to $2.00 per share, going ex-dividend on May 8, 2026.
  • Parker-Hannifin (PH) has declared its first higher dividend of the year in April in 5 of the last 5 years; its most recent raise, 11.1%, was declared on Apr 23, 2026.
Cite this page

SmarterDividends, "PH Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/PH

Summary

As of Oct 30, 2026, Parker-Hannifin Corporation (PH) yields 0.88% ($8.00 a year per share), has a dividend safety grade of A (99/100) and has 9 consecutive years of dividend increases on record.

Is PH a good dividend stock?

Yes

Parker-Hannifin Corporation (PH) pays a quarterly dividend yielding 0.88% ($8.00/yr), with 9 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (26%)
  • Strong 14.8% 5-yr dividend growth
  • 198% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
0.88%
Payout Ratio
26%
Annual Dividend
$8.00
5-Yr Avg Growth
14.8%
Ex-Dividend Date
Nov 13, 2026
Years of Growth
9
Frequency
quarterly
Beta
1.12
Market Cap
$117.1B
P/E Ratio
32.6
5-Yr Total Return
198%
52-Week Range
$755.10 – $1,099.94
Dividend Safety
A · 99/100
Ever Cut?
No

PH dividend raises and cuts

Parker-Hannifin Corporation (PH) has raised its regular dividend 36 times and cut it 0 times across the 164 payments on record since 1985. Its most recent change was a 11.1% increase to $2.00 per share, going ex-dividend on May 8, 2026.

Ex-dateChangeOld → newMove
May 8, 2026Raise$1.80 → $2.00+11.1%
May 9, 2025Raise$1.63 → $1.80+10.4%
May 9, 2024Raise$1.48 → $1.63+10.1%
May 11, 2023Raise$1.33 → $1.48+11.3%
May 12, 2022Raise$1.03 → $1.33+29.1%
May 6, 2021Raise$0.880 → $1.03+17.0%
May 9, 2019Raise$0.760 → $0.880+15.8%
May 9, 2018Raise$0.660 → $0.760+15.2%
Feb 8, 2017Raise$0.630 → $0.660+4.8%
Nov 6, 2014Raise$0.480 → $0.630+31.3%
Feb 6, 2014Raise$0.450 → $0.480+6.7%
May 8, 2013Raise$0.430 → $0.450+4.7%
Show all 36 changes since 1986
Ex-dateChangeOld → newMove
Feb 6, 2013Raise$0.410 → $0.430+4.9%
May 8, 2012Raise$0.390 → $0.410+5.1%
Feb 8, 2012Raise$0.370 → $0.390+5.4%
May 6, 2011Raise$0.320 → $0.370+15.6%
Feb 8, 2011Raise$0.290 → $0.320+10.3%
Nov 8, 2010Raise$0.270 → $0.290+7.4%
Aug 19, 2010Raise$0.260 → $0.270+3.8%
May 18, 2010Raise$0.250 → $0.260+4.0%
Aug 21, 2008Raise$0.210 → $0.250+19.0%
Aug 23, 2007Raise$0.173 → $0.210+21.2%
Aug 24, 2006Raise$0.153 → $0.173+13.0%
Aug 18, 2005Raise$0.133 → $0.153+15.0%
Feb 15, 2005Raise$0.127 → $0.133+5.3%
Feb 18, 2003Raise$0.120 → $0.127+5.6%
Feb 13, 2001Raise$0.113 → $0.120+5.9%
Feb 22, 1999Raise$0.100 → $0.113+13.3%
Aug 19, 1997Raise$0.0889 → $0.100+12.5%
Feb 18, 1997Raise$0.0800 → $0.0889+11.1%
May 12, 1995Raise$0.0741 → $0.0800+8.0%
Feb 15, 1994Raise$0.0711 → $0.0741+4.2%
May 14, 1992Raise$0.0681 → $0.0711+4.3%
Feb 14, 1990Raise$0.0622 → $0.0681+9.5%
May 11, 1988Raise$0.0593 → $0.0622+5.0%
May 7, 1986Raise$0.0553 → $0.0593+7.1%
Every PH payment →Download every raise and cut (CSV)
PH ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →PH dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is PH a good dividend stock?

Yes. Parker-Hannifin Corporation (PH) pays a quarterly dividend yielding 0.88% ($8.00/yr), with 9 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is PH undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PH's fair value is about $598.01 versus a $928.45 share price — so it looks overvalued (-36% vs. fair value).

Is PH's dividend safe?

PH has a dividend-safety grade of A (99/100), based on its payout coverage, free-cash-flow, 9-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is PH's fair value?

Our blended fair-value estimate for PH is about $598.01 per share, about 36% below the current $928.45 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is PH a buy, hold, or sell?

We don't issue formal ratings, but on the data PH screens as "yes" and overvalued. Parker-Hannifin Corporation (PH) pays a quarterly dividend yielding 0.88% ($8.00/yr), with 9 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will PH cut its dividend?

PH earns a dividend-safety grade of A (99/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does PH pay a dividend?

Yes. Parker-Hannifin Corporation pays a quarterly dividend of about $8.00 per share annually, a forward yield of roughly 0.88%.

What is PH's dividend yield?

As of Oct 30, 2026, PH's forward dividend yield is 0.88%, based on a $8.00 annual dividend and a $928.45 share price.

What is PH's dividend per share?

As of Oct 30, 2026, PH pays $8.00 per share per year, distributed on a quarterly basis.

What is PH's dividend payout ratio?

As of Oct 30, 2026, PH's payout ratio is 26% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has PH grown its dividend?

As of Oct 30, 2026, PH has increased its dividend for 9 consecutive years.

When is the next PH ex-dividend date?

As of Oct 30, 2026, the next ex-dividend date on record for PH is Nov 13, 2026.

Income Calculator

At $8.00 / yr per share

Per payment (quarterly)$200.00
Annual$800.00
Monthly avg$66.67

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