PH - Dividend announcements

CLEVELAND, April 23, 2026 (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 $2.00 per share of common stock to shareholders of record as of May 8, 2026. The dividend is payable June 5, 2026. The dividend represents an 11% increase over the previous quarterly cash dividend of $1.80 per common share and will be the 304th consecutive quarterly dividend paid by the company. "This increase in our quarterly dividend reflects the Board's confidence in our consistent cash flow generation and long-term outlook," said Jenny Parmentier, Chairman and Chi

CLEVELAND, Jan. 22, 2026 (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 $1.80 per share of common stock to shareholders of record as of February 6, 2026. The dividend is payable March 6, 2026. This is the company's 303rd consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 69 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more th

CLEVELAND, Oct. 22, 2025 (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 $1.80 per share of common stock to shareholders of record as of November 7, 2025. The dividend is payable December 5, 2025. This is the company's 302nd consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 69 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.  Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For mor

CLEVELAND, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will webcast its Annual Meeting of Shareholders, which is scheduled for Wednesday, October 22, 2025, at 9:00 a.m., Eastern time. The webcast will be accessible on Parker's investor website at investors.parker.com and will be archived on the site for one year. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Parker has increased its annual dividend per share paid to shareholders for 69 c

CLEVELAND, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Parker-Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it has completed its previously announced transaction to acquire Curtis Instruments, Inc. from Rehlko, for approximately $1 billion in cash. Curtis designs and manufactures motor speed controllers, instrumentation, power conversion and input devices that complement Parker's capabilities in electric and hybrid vehicle motors and controls, as well as hydraulic and pneumatic technologies for the mobile machinery market. Curtis expects calendar year 2025 sales of approximately $320 million. "We welcome the Curtis team to Parker and lo

CLEVELAND, Aug. 21, 2025 (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 $1.80 per share of common stock to shareholders of record as of September 2, 2025. The dividend is payable September 12, 2025. This is the company's 301st consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 69 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index. The Board also approved an update to the number of shares available under the company's

Enhances Electrification Capabilities with Complementary Technologies for In-Plant Material Handling and Off-Highway Market ApplicationsAdds Suite of Control Solutions to Pair with Parker's Electric Motor and Motion Control Portfolio for Electric and Hybrid Solutions CLEVELAND, June 30, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it has agreed to acquire Curtis Instruments, Inc. from Rehlko, for approximately $1 billion in cash. The transaction is subject to customary closing conditions, including receipt of applicable regulatory approvals, and is expected to close by the end of calendar

CLEVELAND, April 24, 2025 (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 $1.80 per share of common stock to shareholders of record as of May 9, 2025. The dividend is payable June 6, 2025. The dividend represents a 10% increase over the previous quarterly cash dividend of $1.63 per common share and will be the 300th consecutive quarterly dividend paid by the company. "This dividend increase reflects the Board's confidence in our financial position and continued ability to generate strong cash flows through the business cycle," said Jenny Pa

CLEVELAND, Jan. 23, 2025 (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 $1.63 per share of common stock to shareholders of record as of February 7, 2025. The dividend is payable March 7, 2025. This is the company's 299th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 68 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.  Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more t

CLEVELAND, Oct. 23, 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 regular quarterly cash dividend of $1.63 per share of common stock to shareholders of record as of November 8, 2024. The dividend is payable December 6, 2024. This is the company's 298th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 68 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.  Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For

CLEVELAND, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will webcast its Annual Meeting of Shareholders, which is scheduled for Wednesday, October 23, 2024, at 9:00 a.m., Eastern time. The webcast will be accessible on Parker's investor information website at investors.parker.com and will be archived on the site for one year. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Parker has increased its annual dividend per share paid to shareho

CLEVELAND, Aug. 15, 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 regular quarterly cash dividend of $1.63 per share of common stock to shareholders of record as of August 28, 2024. The dividend is payable September 13, 2024. This is the company's 297th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 68 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.  Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For mo

Portfolio Aligned with Secular Trends Driving Long Term Growth Opportunities Parker's Business System The Win StrategyTM Proven to Deliver Top Quartile PerformanceOperational Excellence Creates Growth and Margin Expansion OpportunitiesAnnounces New 5-Year Financial Targets on Strength of People, Portfolio and Strategy CLEVELAND, May 16, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today hosted its 2024 investor meeting where members of the Office of the Chief Executive presented an update on the company's ongoing transformation, detailed how Parker is positioned for continued growth from secular trends, reinforce

Sales were a record at $5.07 billion; organic sales increased 1%Segment operating margin was 21.5%, or a record 24.7% adjusted, an increase of 150 basis pointsEPS were $5.56, or a record $6.51 adjusted, an increase of 10%Company increases outlook for segment operating margin and EPS2024 Investor Meeting scheduled for May 16 at 2 p.m. Eastern time CLEVELAND, May 02, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the fiscal 2024 third quarter ended March 31, 2024. Sales were $5.07 billion compared with $5.06 billion in the third quarter of fiscal 2023. Net income was $726.6 million compared wit

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. "Consistently increasing our annual dividend, a record that now stands at 68 consecutive fiscal years, remains an important priority," said Jenny Parmentier, Chairman and Ch

CLEVELAND, April 03, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will host its 2024 Investor Meeting in New York City on Thursday, May 16, 2024 beginning at 2:00 p.m. Eastern time. The in-person event will be by invitation only. A live video webcast of the event can be accessed on Parker's investor relations website at investors.parker.com and will be archived on the site for replay. A series of management presentations will be followed by a question and answer session hosted by Parker's executive leadership team. Presenters at the meeting will include Jenny Parmentier, Chairman and Chief E

Sales increased 3% to $4.8 billion; organic sales increased 3%Segment operating margin was 21.1%, or a record 24.5% adjusted, an increase of 300 basis pointsEPS were $5.23, or a record $6.15 adjusted, an increase of 29%Company increases outlook for segment operating margin and EPS CLEVELAND, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the fiscal 2024 second quarter ended December 31, 2023. Sales were a record at $4.8 billion, an increase of 3%, compared with $4.7 billion in the second quarter of fiscal 2023. Net income was $681.9 million compared with $395.2 million in the prior

CLEVELAND, Jan. 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 regular quarterly cash dividend of $1.48 per share of common stock to shareholders of record as of February 9, 2024. The dividend is payable March 1, 2024. This is the company's 295th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 67 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.  Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For mo

CLEVELAND, Oct. 25, 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 November 13, 2023. The dividend is payable December 1, 2023. This is the company's 294th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 67 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.  Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For mo

CLEVELAND, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will webcast its Annual Meeting of Shareholders, which is scheduled for Wednesday, October 25, 2023, at 9:00 a.m., Eastern time. The webcast will be accessible on Parker's investor information website at www.phstock.com and will be archived on the site for one year. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets.  Parker has increased its annual dividend per sh

CLEVELAND, Aug. 17, 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 August 28, 2023. The dividend is payable September 8, 2023. This is the company's 293rd consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 67 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.  Parker Hannifin is a Fortune 250 global leader in motion and control technologies.

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.   "This double-digit increase in our quarterly dividend reflects the Board's confidence in our ability to consistently generate strong cash flow," said Todd Leombruno, Executiv

CLEVELAND, Jan. 26, 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 $1.33 per share of common stock to shareholders of record as of February 10, 2023. The dividend is payable March 3, 2023. This is the company's 291st consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 66 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.  Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For m

CLEVELAND, Oct. 26, 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 November 14, 2022. The dividend is payable December 2, 2022. This is the company's 290th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 66 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index. Parker Hannifin is a Fortune 250 global leader in motion and control technologies.

CLEVELAND, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that its Board of Directors has elected William R. "Skip" Bowman, as Vice President and President – Fluid Connectors Group, effective January 1, 2023. Mr. Bowman will succeed Andrew D. Ross, who, as previously announced, was elected to the role of Chief Operating Officer, effective January 1, 2023. "Skip's capabilities and experience make him ideally suited for this role," said Jennifer A. Parmentier, Parker's Chief Operating Officer. "He has leadership experience in multiple operating groups at Parker, including as an operations lea

CLEVELAND, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will webcast its Annual Meeting of Shareholders, which is scheduled for Wednesday, October 26, 2022, at 9:00 a.m., Eastern time. The webcast will be accessible on Parker's investor information website at www.phstock.com and will be archived on the site for one year. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets.  Parker has increased its annual dividend per s

CLEVELAND, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Parker-Hannifin Corporation (NYSE:PH, "Parker"))), the global leader in motion and control technologies, today announced that it has completed its previously announced transaction to sell its Aircraft Wheel and Brake Division, located in Avon, Ohio, in the United States, to Kaman Corporation (NYSE:KAMN).  Kaman, headquartered in Bloomfield, Connecticut, is a leading manufacturer of components and materials for aerospace and defense, industrial and medical markets.    As previously announced, the European Commission cleared Parker's acquisition of Meggitt PLC ("Meggitt"), conditional on full compliance with the commitments offered by Parker,

CLEVELAND, Aug. 18, 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 August 29, 2022. The dividend is payable September 9, 2022. This is the company's 289th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 66 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index. Parker Hannifin is a Fortune 250 global leader in motion and control technologies.

CLEVELAND, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Rachid Bendali, currently Vice President, Operations for the Engineered Materials Group, has been elected by the Board of Directors as Vice President and President – Engineered Materials Group. "Our strategic approach to succession planning allows our executives to build the experiences and skills necessary to continue the transformation of our company," said Tom Williams, Chairman and Chief Executive Officer. "Rachid's demonstrated operational leadership and international experiences with LORD Corporation, and more recently wi

CLEVELAND, July 19, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH) today welcomes the announcement from the UK's Secretary of State for Business, Energy and Industrial Strategy that, following public consultation, he accepts the competition and national security undertakings provided by Parker in relation to the Meggitt acquisition and the transaction is therefore cleared to proceed by the UK Government. As previously announced on August 2, 2021, the boards of Meggitt and Parker reached agreement on the terms and conditions of a recommended all cash acquisition by Parker of the entire issued, and to be issued, ordinary share capital of Meggitt PLC (the "Acquisition").

CLEVELAND, June 28, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, welcomes the announcement today from the UK's Secretary of State for Business, Energy and Industrial Strategy ("the UK Secretary of State") that he is ‘minded-to accept' the statutory competition and national security undertakings provided by Parker as part of its pending acquisition of Meggitt PLC. As previously announced on August 2, 2021, the boards of Meggitt and Parker reached agreement on the terms and conditions of a recommended all cash acquisition by Parker of the entire issued, and to be issued, ordinary share capital of Meggitt PLC (the "Acqui

CLEVELAND, May 23, 2022 (GLOBE NEWSWIRE) -- Parker-Hannifin Corporation (NYSE:PH, "Parker"))), the global leader in motion and control technologies, today announced that it has signed an agreement to divest its Aircraft Wheel and Brake Division, located in Avon, Ohio, in the United States, to Kaman Corporation (NYSE:KAMN).  Kaman, headquartered in Bloomfield, Connecticut, is a leading manufacturer of components and materials for aerospace and defense, industrial and medical markets.    As previously announced, the European Commission cleared Parker's acquisition of Meggitt PLC ("Meggitt"), conditional on full compliance with the commitments offered by Parker, including the divestment o

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.  "This dividend increase reflects the Board's confidence in our strong financial position and our commitment to a five-year average dividend payout of 30-35% of net income," said

CLEVELAND, April 11, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH, "Parker"))), the global leader in motion and control technologies, today confirms that the European Commission ("EC") has cleared the acquisition of Meggitt PLC ("Meggitt"), conditional on full compliance with commitments offered by Parker, including the divestment of Parker's Aircraft Wheel and Brake division, located in Avon, Ohio in the United States. Parker has begun the process of selling that business. In addition, Parker announces that the Acquisition has been approved, without any conditions, by the following regulatory bodies: the Australian Foreign Investment Review Board;the Australian C

Acquisitions Re-shape Portfolio and Build a More Resilient BusinessPerformance Through Cycles Strengthened by the Win StrategyWell-Positioned to Capitalize on Secular Trends Driving Sustained Organic GrowthNew Targets Reflect Increased Organic Sales, Strong Margin Expansion, Continued EPS Growth CLEVELAND, March 08, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today hosted a virtual investor meeting where the leadership team presented an update on the company's ongoing transformation by implementing the Win Strategy 3.0™, reviewed key secular growth trends that are expected to accelerate organic sales growth, and ann

CLEVELAND, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will webcast a virtual meeting with investors and analysts on Tuesday, March 8, 2022 from 9:00 a.m. to 12:00 p.m. Eastern time.  Presentations will be followed by a question and answer session hosted by Parker's executive leadership. The event will showcase Parker's ongoing transformation, highlight Parker's position to capitalize on secular growth trends, and outline the company's new five-year financial targets through fiscal year 2027.  The webcast link for the live meeting will be accessible on the company's investo

CLEVELAND, Jan. 27, 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 $1.03 per share of common stock to shareholders of record as of February 11, 2022. The dividend is payable March 4, 2022. This is the company's 287th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 65 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. Fo

CLEVELAND, Oct. 27, 2021 (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 $1.03 per share of common stock to shareholders of record as of November 12, 2021. The dividend is payable December 3, 2021. This is the company's 286th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 65 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index. Parker Hannifin is a Fortune 250 global leader in motion and control technologies.

CLEVELAND, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will webcast its Annual Meeting of Shareholders, which is scheduled to be held virtually on Wednesday, October 27, 2021, beginning at 9:00 a.m., Eastern time. The live webcast of the annual meeting will be accessible at www.virtualshareholdermeeting.com/PH2021 or by visiting Parker's investor website at www.phstock.com. The webcast will be archived on www.phstock.com for one year. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineerin

CLEVELAND, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, confirms that Meggitt Shareholders have today approved the terms of the recommended cash acquisition of the entire issued and to be issued ordinary share capital of Meggitt PLC as announced on August 2, 2021. The transaction will proceed and is expected to close in the third quarter of calendar year 2022. Meggitt PLC has issued a report announcing the voting results. The acquisition remains subject to satisfaction of the conditions set out in the scheme document, including regulatory clearances. Under the UK Companies Act, the Scheme of Arrang

CLEVELAND, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Lee C. Banks, currently President and Chief Operating Officer, has been elected by the Board of Directors to a new role as Vice Chairman and President. The Board also has elected Jennifer A. Parmentier, currently Vice President and President - Motion Systems Group, to the role of Chief Operating Officer, reporting to Banks.  Berend Bracht, currently Vice President of Operations - Engineered Materials Group, has been elected to succeed Parmentier as Vice President and President - Motion Systems Group.  "Our strategic approach to su

CLEVELAND, Aug. 12, 2021 (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 $1.03 per share of common stock to shareholders of record as of August 27, 2021. The dividend is payable September 10, 2021. This is the company's 285th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 65 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index. Parker Hannifin is a Fortune 250 global leader in motion and control technologies.

- All-time quarterly records for net income, EPS and segment operating margins- Net income was $471.6 million; EPS were $3.59 as reported, or $4.11 adjusted- EBITDA margin was 21.6% as reported, or 21.8% adjusted- Total segment operating margin reached 19.0% as reported, or 21.4% adjusted- Cash flow from operations was a Q3 YTD record at $1.88 billion, or 18.1% of sales- Total order rates turned positive, led by strong demand in Diversified Industrial Segment CLEVELAND, April 29, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the fiscal 2021 third quarter ended March 31, 2021. Fiscal 2021 thi

CLEVELAND, April 22, 2021 (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 $1.03 per share of common stock to shareholders of record as of May 7, 2021.  The dividend is payable June 4, 2021.  The dividend represents a 17% increase over the previous quarterly cash dividend of 88 cents per common share and is the company's 284th consecutive quarterly dividend.  "This dividend increase reflects the Board's confidence in our financial position and our continued ability to generate strong cash flows throughout the business cycle," said T

CLEVELAND, April 22, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced the election of William F. Lacey to its Board of Directors, effective April 22, 2021. Mr. Lacey is currently President and Chief Executive Officer of GE Lighting, a Savant company, a position he has held since 2015. He has more than 20 years of financial and operational leadership experience with General Electric. GE Lighting was acquired by Savant Systems, Inc., a leader in home control and automation, in 2020. "Bill is a seasoned leader whose operational proficiency, financial expertise and unique perspective make him a wel

CLEVELAND, April 20, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2021 third quarter earnings before the market opens on Thursday, April 29, 2021, followed by a conference call at 11:00 a.m., Eastern time.  During the call, the company will discuss fiscal 2021 third quarter results and respond to questions from institutional investors and security analysts.  The conference call will be webcast simultaneously on Parker's investor website at www.phstock.com with an accompanying slide presentation. The webcast will be archived on the site for one year and available for repl

- Second quarter record net income of $447.3 million, EPS at $3.41 as reported, or $3.44 adjusted- Second quarter record total segment operating margin of 17.4% as reported, or 20.4% adjusted- Second quarter EBITDA margin was 23.1% as reported, or 20.8% adjusted- Cash flow from operations was a Q2 YTD record at $1.35 billion, or 20.4% of sales- Cumulative debt reduction reaches approximately $2.8 billion in the last 14 months- Company increases fiscal 2021 EPS guidance midpoint to $12.15 as reported, or $13.90 adjusted CLEVELAND, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fi

CLEVELAND, Jan. 27, 2021 (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 88 cents per share of common stock to shareholders of record as of February 10, 2021.  The dividend is payable March 5, 2021. This is the company's 283rd consecutive quarterly dividend.  Parker has increased its annual dividends per share paid to shareholders for 64 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index. Parker Hannifin is a Fortune 250 global leader in motion and control technologi

CLEVELAND, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced the election of Jillian C. Evanko and Lance M. Fritz to its Board of Directors, effective January 27, 2021. Ms. Evanko is currently President and Chief Executive Officer of Chart Industries, Inc., a global manufacturer of highly engineered equipment servicing multiple applications in the energy and industrial gas markets.  She has more than 18 years of financial and operational leadership experience in industrial companies.  Mr. Fritz is currently Chairman, President and Chief Executive Officer of Union Pacific Corporation, one o

CLEVELAND, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2021 second quarter earnings before the market opens on Thursday, February 4, 2021, followed by a conference call at 11:00 a.m., Eastern time.  During the call, the company will discuss fiscal 2021 second quarter results and respond to questions from institutional investors and security analysts.  The conference call will be webcast simultaneously on Parker's investor website at www.phstock.com with an accompanying slide presentation. The webcast will be archived on the site for one year and available for