CLEVELAND, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of $1.48 per share of common stock to shareholders of record as of August 28, 2023. The dividend is payable September 8, 2023.

This is the company's 293^rd consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 67 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 a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at www.parker.com or @parkerhannifin.

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Contact:
Media –
Aidan Gormley, Director, Global Communications and Branding
216/896-3258
aidan.gormley@parker.com

Financial Analysts –
Jeff Miller, Vice President, Investor Relations
216/896-2708
jeffrey.miller@parker.com