Stock News in Focus: Parker Hannifin Corporation (NYSE:PH) declares a regular quarterly cash dividend

Parker Hannifin Corporation (NYSE:PH) stock identified change of 14.91% away from 52-week low price and recently located move of -16.24% off 52-week high price. It has market worth of $21128.84M and dividend yield of 2.18%. PH stock has been recorded -3.62% away from 50 day moving average and -3.06% away from 200 day moving average. Moving closer, we can see that shares have been trading -4.37% off 20-day moving average.

 On Aug. 15, 2019, Parker Hannifin Corporation (NYSE:PH) the global leader in motion and control technologies, released that its Board of Directors has declared a regular quarterly cash dividend of 88 cents per share of common stock to shareholders of record as of August 28, 2019. The dividend is payable September 13, 2019.

This is the company’s 277th consecutive quarterly dividend.  Parker has increased its annual dividends per share paid to shareholders for 63 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.

Parker Hannifin is a Fortune 250 global leader in motion and control technologies.For more than 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets.

 The Industrial Goods sector company, Parker-Hannifin Corporation noticed change of 2.66% to $161.82along volume of 688734 shares in recent session compared to an average volume of 895.34K. The stock observed return of -1.64% in 5 days trading activity. The stock was at -2.38% over one month performance. PH’s shares are at -1.28% for the quarter and driving a -2.80% return over the course of the past year and is now at 8.50% since this point in 2018.   The average volatility for the week at 2.53% and for month was at 2.66%. There are 130.57M shares outstanding and 127.71M shares are floated in market. Right now the stock beta is 1.54.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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