Parker increases quarterly cash dividend 10% to $1.63 per share

Cleveland, april 25, 2024 (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 quarterly cash dividend of $1.63 per share of common stock to shareholders of record as of may 10, 2024. the dividend is payable june 7, 2024. the dividend represents a 10% increase over the previous quarterly cash dividend of $1.48 per common share and will be the 296th consecutive quarterly dividend paid by the company.
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