Parker Corporation provides product development, manufacturing, sales, and technical services for the automobiles, electrical machinery, chemicals, steel, electronics, food, etc. industries in Japan and internationally. The company imports and sells machinery and equipment for use in automobile, food, shoemaking, and chemical industries. It also develops, manufactures, and sells fine chemicals for industrial use, such as cleaning agents, rust prevention, etc.; and chemical products centered on advanced chemicals, such as electronics and printing, as well as special chemicals for the aftermarket of car, railways, and aircraft. In addition, the company develops and sells industrial sealing materials and adhesives; and manufactures and sells soundproofing materials for automobile and air conditioners. Further, it develops, designs, manufactures, and sells industrial machinery. The company was formerly known as Parker Shoji Co., Ltd. and changed its name to Parker Corporation in August 1988. Parker Corporation was founded in 1951 and is headquartered in Tokyo, Japan.
Parker Dividend Announcement
• Parker announced a semi annually dividend of ¥12.50 per ordinary share which will be made payable on 2025-06-01. Ex dividend date: 2025-03-28
• Parker's trailing twelve-month (TTM) dividend yield is 3.07%
Parker Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-03-28 | ¥12.50 | semi annually | 2025-06-01 |
2024-09-27 | ¥12.50 | semi annually | 2024-12-03 |
2024-03-28 | ¥11.00 | semi annually | |
2023-03-30 | ¥9.00 | semi annually | |
2022-09-29 | ¥9.00 | semi annually | |
2022-03-30 | ¥7.00 | semi annually | |
2021-09-29 | ¥7.00 | semi annually | |
2021-03-30 | ¥6.00 | semi annually | |
2020-09-29 | ¥3.00 | semi annually | |
2020-03-30 | ¥6.50 | semi annually | |
2019-09-27 | ¥6.50 | semi annually | |
2019-03-27 | ¥6.50 | semi annually | |
2018-09-26 | ¥6.00 | semi annually | |
2018-03-28 | ¥5.00 | semi annually | |
2017-09-27 | ¥5.00 | semi annually | |
2017-03-29 | ¥1.00 | semi annually | |
2016-09-28 | ¥3.50 | semi annually | |
2016-03-29 | ¥3.50 | semi annually | |
2015-09-28 | ¥3.00 | semi annually | |
2015-03-27 | ¥3.00 | semi annually | |
2014-09-26 | ¥3.00 | semi annually | |
2014-03-27 | ¥3.00 | semi annually |
Parker Dividend per year
Parker Dividend growth
Parker Dividend Yield
Parker current trailing twelve-month (TTM) dividend yield is 3.07%. Interested in purchasing Parker stock? Use our calculator to estimate your expected dividend yield:
Parker Financial Ratios
Parker Dividend FAQ
Other factors to consider when evaluating Parker as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Parker's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Parker publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Parker distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Parker are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Parker sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Parker distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Parker declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Parker's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Parker's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.