CLEVELAND, April 17 /PRNewswire-FirstCall/ -- The Board of Directors of
Parker Hannifin Corporation (NYSE: PH) today declared a regular quarterly
cash dividend of 21 cents per share of common stock to shareholders of
record as of May 15, 2008. The dividend is payable June 6, 2008.
(Logo: Photo: http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO )
This is Parker's 232nd consecutive quarterly dividend and comprises a
distribution of approximately $35 million. Parker has increased its annual
dividends paid to shareholders for 52 consecutive years, among the top five
longest-running dividend-increase records in the S&P 500 index.
With annual sales exceeding $10 billion, Parker Hannifin is the world's
leading diversified manufacturer of motion and control technologies and
systems, providing precision-engineered solutions for a wide variety of
commercial, mobile, industrial and aerospace markets. The company employs
more than 57,000 people in 43 countries around the world. For more
information, visit the company's web site at http://www.parker.com, or its
investor information site at http://www.phstock.com.
SOURCE Parker Hannifin
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Related links: http://www.phstock.com
Photo Notes:Photo: http://www.newscom.com/cgi-bin/prnh/19990816/PHLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, photodesk@prnewswire.com
CONTACT: Christopher M. Farage, Vice President, Corp. Communications, +1-216-896-2750, cfarage@parker.com, or Financial Analysts, Pamela Huggins, Vice President & Treasurer, +1-216-896-2240, phuggins@parker.com, both of Parker Hannifin
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