Parker declares quarterly cash dividend
The board declared a $2.00 per share dividend payable on September 11, marking the 305th consecutive payment and continuing a 70-year streak of increases.
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Manufacturer of motion and control technologies
parker.comLast updated
In short: Parker reported record fiscal 2026 results, completed the Filtration Group acquisition, and agreed to buy CIRCOR aerospace.
The board declared a $2.00 per share dividend payable on September 11, marking the 305th consecutive payment and continuing a 70-year streak of increases.
The deal positions Parker as a major global industrial filtration player and is expected to add $1.8 billion to fiscal 2027 sales while creating synergy costs savings.
Adjusted EPS grew 18% to $32.31 with strong cash flow of $4.4 billion. The company raises FY31 margin targets and provides FY27 guidance.
The $2.55B deal adds complementary flight-critical motion and flow control capabilities, expected to close in H2 2026.
Total segment operating income increased to $5.273 billion from $4.561 billion. After $205 million of corporate general and ...
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