BHP Faces Port Hedland Strike Threat as Iron Ore Export Risks Grow 
Mastercard Explores Sale of Majority Stake in UK Payments Firm Vocalink: Report 
Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft 
Stellantis Q2 Vehicle Shipments Rise 10% as North America Drives Growth 
UBS Starts CarTrade Tech With Buy Rating, Sees Strong Earnings Growth and ₹4,000 Target 
Samsung to Launch First Yongin Chip Plant by 2029 as South Korea Speeds Up Semiconductor Hub 
DOJ Grand Jury Investigates UAW President Shawn Fain Ahead of Union Election 
AstraZeneca Shares Sink After Wainua Trial Misses Key Heart Disease Goal 
Nippon Paint Reportedly Offers Up to €7.5 Billion for Akzo Nobel Decorative Paints Business 
Kitron Q2 Revenue Beats Estimates as Defense Demand Lifts Growth 
Oppenheimer Sees CNH Industrial as Top 2026 Agriculture Stock Pick on Dealer Consolidation Strategy 
Zhipu AI Raises HK$31.37 Billion in Discounted Share Sale to Accelerate AI Growth 
Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership 
SK Hynix Prices Record U.S. ADR Offering at $149 After $200 Billion Investor Demand 
Levi Strauss Raises 2026 Outlook After Q2 Earnings Beat, Shares Drop Despite Strong Results 
Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI 
Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX 
CLEVELAND, April 19, 2018 -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has increased the company’s regular quarterly cash dividend to 76 cents per share of common stock. The dividend is payable June 1, 2018 to shareholders of record as of May 10, 2018. This represents a 15% increase over the previous quarterly cash dividend of 66 cents per common share and is the company's 272nd consecutive quarterly dividend.
"This increase in our quarterly dividend reflects the Board’s confidence in our consistent cash flow generation and long-term outlook,” said Executive Vice President, Finance and Administration & CFO Cathy Suever. “Maintaining our dividend increase record, now at 62 consecutive fiscal years and among the top five longest-running dividend-increase records in the S&P 500 Index, remains a top priority for capital allocation.”
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. Learn more at www.parker.com or @parkerhannifin.
###
Media – Aidan Gormley, Director, Global Communications and Branding 216/896-3258 [email protected] Financial Analysts – Robin J. Davenport, Vice President, Corporate Finance 216/896-2265 [email protected]
