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Parker Hannifin Corporation Declares 11% Increase in Quarterly Cash Dividend to $2.00 per Share
Parker Hannifin Corporation has announced an 11% increase in its quarterly cash dividend to $2.00 per share, marking its 304th consecutive quarterly payment and 70th consecutive fiscal year of annual dividend increases. The dividend is payable on June 5, 2026, to shareholders of record by May 8, reflecting the Board’s confidence in the company’s consistent cash flow and long-term outlook. CEO Jenny Parmentier highlighted the company’s commitment to capital deployment through acquisitions, share repurchases, and returning value to shareholders.