Parker-Hannifin Raises Quarterly Dividend 11% to $2.00/Share

Parker Hannifin Corporation announced an 11% increase in its quarterly cash dividend, raising it to $2.00 per share from the previous $1.80. This dividend will be paid on June 5, 2026, to shareholders of record as of May 8, 2026. The company's CEO stated that the increase reflects confidence in consistent cash flow generation and long-term outlook, extending its streak of annual dividend increases to 70 consecutive fiscal years.