Parker-Hannifin Corporation

PH
IndustrialsDividend King
$968.92
0.55%Overvalued

Parker-Hannifin Corporation (PH) is a Industrials company that currently yields 0.55% — historically overvalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $254.64 and the overvaluation threshold at $697.34. Parker-Hannifin Corporation holds a quality score of 40/100 (Average), reflecting 70 consecutive years of dividend growth with a 27% payout ratio. The 5-year dividend CAGR stands at -14.7%.

PH Dividend Yield History — Weiss Valuation

Underval. $254.64Overval. $697.34

Distance to undervalued

Entry price is stretched

Needs 73.7% downside to reach the Weiss buy zone

Undervaluation starts near $254.64, where the annual dividend would imply roughly 2.09% yield. That is 1.54% above today's yield.

Buy-zone price

$254.64

Target yield

2.09%

Research checklist

What to clear before buying the yield

Updated Jun 29, 2026

Dividend durability

70Y

Long dividend history supports a deeper look.

Earnings payout

27%

Earnings coverage leaves room for noise.

Cash payout

36%

Free cash flow coverage supports the payment.

Dividend growth

-14.7%

Lower growth changes the return trade-off.

What changed

What changed since the last update

2026-06-282026-06-29

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

Parker-Hannifin Corporation is trading near its historical overvaluation band.

Current yield 0.5% vs historical max 2.5% (22% of maximum).

Recent dividend history shows no sustained growth streak.

Conservative payout ratio of 27%.

What matters now

Read the signal before the headline yield

Valuation is the brake here: the yield is compressed versus its own history.

The 40/100 quality score says the headline yield needs extra skepticism.

Start by checking whether payout coverage and business durability still support the dividend.

PH Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$55

Year 10 Income

$58

Yield on Cost

0.58%

Total Income

$563

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

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Dividend income log · Yield on cost · DRIP cost basis · Tax reports

More research

Full price history & technical analysis

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Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

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PH Dividend Quality Score

Quality Score

40/ 100

Average

Payout Ratio25/25
Dividend Streak0/25
Growth (CAGR 5Y)0/20
Yield vs History0/15
FCF Coverage15/15

Key Metrics

Current Price$968.92
Annual Dividend$5.32
Current Yield0.55%
Yield — Max (10Y)2.51%
Yield — Min (10Y)0.85%
Undervalued Below$254.64
Overvalued Above$697.34
Payout Ratio26.57%
CAGR Dividend 5Y-14.7%
CAGR Dividend 10Y-2.9%
Years No Cut

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70
consecutive years of dividend growth