PH (NYSE) - Dividend History and Outstanding Shares
Outstanding Shares
Outstanding Shares 10 Years Trend:
the Outstanding Shares of Parker-Hannifin Corporation (PH) are shrinking at a rate of -1.27% per year on average over the last 10
years.
The Correlation Coefficent of the Outstanding Shares is -82.22%.
This correlation quantifies the strength and direction of the relationship between stock splits, issuing new shares, and share buybacks.
Growth Rate: -1.27% / Correlation: -82.22%: Investors prefer a decreasing number of outstanding shares as it can enhance EPS, increase the demand for shares and demonstrate management's commitment to shareholder value.
Stock Splits: Last Stock Split 2007-10-02 with a factor of 3:2. This stock split increased the number of shares and lowered the price per share by a ratio of 1.5.
Growth Rate: -1.27% / Correlation: -82.22%: Investors prefer a decreasing number of outstanding shares as it can enhance EPS, increase the demand for shares and demonstrate management's commitment to shareholder value.
Stock Splits: Last Stock Split 2007-10-02 with a factor of 3:2. This stock split increased the number of shares and lowered the price per share by a ratio of 1.5.
| Year | Number of Shares (Mill.) | Growth |
|---|---|---|
| 2023 | 130.36 | +0.24% |
| 2022 | 130.05 | -0.41% |
| 2021 | 130.58 | -0.38% |
| 2020 | 131.08 | +0.44% |
| 2019 | 130.5 | -1.37% |
| 2018 | 132.31 | -2.85% |
| 2017 | 136.19 | +0.28% |
| 2016 | 135.81 | -0.91% |
| 2015 | 137.07 | -7.5% |
| 2014 | 148.18 | -2.61% |
| 2013 | 152.15 | -0.03% |
| 2012 | 152.2 | -1.63% |
| 2011 | 154.72 | -6.85% |
| 2010 | 166.1 | +2.06% |
| 2009 | 162.74 | +0.61% |
| 2008 | 161.76 | -6.09% |
| 2007 | 172.25 | -2.7% |
| 2006 | 177.03 | -2.12% |
| 2005 | 180.87 | -0.65% |
| 2004 | 182.05 | +2.28% |
| 2003 | 177.99 | +1.12% |
| 2002 | 176.03 | +0.95% |
| 2001 | 174.37 | +1.28% |
| 2000 | 172.16 | +4.06% |
| 1999 | 165.44 | +0.79% |
| 1998 | 164.14 | -3.26% |
| 1997 | 169.68 | +1.13% |
| 1996 | 167.79 | +1.74% |
| 1995 | 164.92 | -0.97% |
| 1994 | 166.54 | +0.98% |
| 1993 | 164.92 | -2.72% |
| 1992 | 169.53 | +11.36% |
| 1991 | 152.23 | -4.31% |
| 1990 | 159.09 | -3.87% |
| 1989 | 165.49 | +0.78% |
| 1988 | 164.21 | +7% |
| 1987 | 153.47 | +0.81% |
| 1986 | 152.24 | +8.66% |
| 1985 | 140.11 |
Dividend Yields & Ratings
| Overall Dividend Rating | 8.25 | ||
| Dividends Paid TTM | 5.77 | Yield TTM | 1.35% |
| Dividends Paid Average 5y | 4.34 | Yield Average 5y | 1.02% |
| Growth Rate 5y | 11.29% | Yield on Cost 5y | 3.65% |
| Payout Consistency all time | 99.5% | First Payout | 1990-02-14 |
| Compare PH Dividends with its Industry Peers | |||
Last 25 Dividends (Paid in USD)
| Date | Period | Dividend Rate | Growth |
|---|---|---|---|
| 2023-11-10 | Quarterly | 1.48 | |
| 2023-08-25 | Quarterly | 1.48 | |
| 2023-05-11 | Quarterly | 1.48 | 11.3% |
| 2023-02-09 | Quarterly | 1.33 | |
| 2022-11-10 | Quarterly | 1.33 | |
| 2022-08-26 | Quarterly | 1.33 | |
| 2022-05-12 | Quarterly | 1.33 | 29.1% |
| 2022-02-10 | Quarterly | 1.03 | |
| 2021-11-10 | Quarterly | 1.03 | |
| 2021-08-26 | Quarterly | 1.03 | |
| 2021-05-06 | Quarterly | 1.03 | 17% |
| 2021-02-09 | Quarterly | 0.88 | |
| 2020-11-05 | Quarterly | 0.88 | |
| 2020-08-27 | Quarterly | 0.88 | |
| 2020-05-07 | Quarterly | 0.88 | |
| 2020-02-06 | Quarterly | 0.88 | |
| 2019-11-07 | Quarterly | 0.88 | |
| 2019-08-27 | Quarterly | 0.88 | |
| 2019-05-09 | Quarterly | 0.88 | 15.8% |
| 2019-02-07 | Quarterly | 0.76 | |
| 2018-11-08 | Quarterly | 0.76 | |
| 2018-08-27 | Quarterly | 0.76 | |
| 2018-05-09 | Quarterly | 0.76 | 15.2% |
| 2018-02-08 | Quarterly | 0.66 | |
| 2017-11-09 | Quarterly | 0.66 |
- PH`s 1.35% Dividend Yield is calculated by dividing the dividend payments of the last 12-Months (TTM) of 5.77 USD by the current stock price.
- 3.65% Yield on Cost is a metric for long-term investors, reflecting the current dividend yield of 1.35% compared to a 5-Year old purchase price. This metric helps investors assess the income growth potential of their investments over time.
- The 99.5% Payout Consistency of PH Dividends gauges Stability (Values above 80%) or Fragility (Values under 60%).
- The Average Dividend Growth Rate of 11.29% per year in the last 5-Years showcases PH`s commitment to shareholders. Steady or increasing dividends over time can be a sign of a healthy financial outlook.
The Overall Dividend Rating of 8.25 is quantified on a scale from 0 to +10.
Ratings surpassing 5 are regarded as favorable, while those exceeding 7.5 are exceptionally strong. The calculations includes the above mentioned: Yield, Yield on Cost, Consistency of Dividend Payment and Growth Rate/CAGR over time.