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Parker Increases Quarterly Cash Dividend 11% to $2.00 per Share
Parker Hannifin Corporation announced an 11% increase in its quarterly cash dividend to $2.00 per share, marking the 304th consecutive quarterly dividend. This decision reflects the Board’s confidence in the company’s consistent cash flow generation and long-term outlook. Parker Hannifin has a 70-year track record of increasing its annual dividend, placing it among the top S&P 500 companies.