Parker increases quarterly cash dividend

Cleveland, april 27, 2023 (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 $1.48 per share of common stock to shareholders of record as of may 12, 2023. the dividend is payable june 2, 2023. the dividend represents an 11% increase over the previous quarterly cash dividend of $1.33 per common share and is the company's 292ndconsecutive quarterly dividend.
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