Parker-Hannifin Dividend Stock Analysis

Parker-Hannifin

Parker-Hannifin Corporation (PH) is the world’s leading diversified manufacturer of motion and control technologies and systems. The company’s engineering expertise spans the core motion and control technologies — electromechanical, hydraulic and pneumatic, fluid and gas handling, filtration, sealing and shielding, climate control, process control and aerospace. Parker operates in 49 countries and employs approximately 58,000 people worldwide. A Dividend Champion, having raised its dividend for 58 consecutive years, Parker-Hannifin flies under the radar for most investors as the starting initial yield is low (currently at 2.1%).

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