Parker increases quarterly cash dividend

Cleveland, april 28, 2022 (globe newswire) -- parker hannifin corporation (nyse: ph), the global leader in motion and control technologies, today announced that its board of directors has declared a regular quarterly cash dividend of $1.33 per share of common stock to shareholders of record as of may 13, 2022. the dividend is payable june 3, 2022. the dividend represents a 29% increase over the previous quarterly cash dividend of $1.03 per common share and is the company's 288th consecutive quarterly dividend.
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