Question

In: Finance

Find an example of a company that recently increased its dividend, give a brief discussion of...

Find an example of a company that recently increased its dividend, give a brief discussion of the situation, and how the stock has fared since.

Solutions

Expert Solution

Parker Hannifin Corporation is a diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. Parker Hannifin Corporation has increased its annual dividends paid to shareholders for 59 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.

The reason for the strong growth dividend for many years according to the Chairman & CEO is improved market conditions together with the ongoing benefits of implementing the new strategy delivered widespread improvements across the company. Sales were a second quarter record and increased 10% organically, while order rates increased 13% year-over-year. Solid margin performance continued. The company is firmly positioned to build on the financial progress that has been made in recent years and to deliver record sales and earnings in fiscal 2018.


Related Solutions

Find an example of a company that recently decreased its dividend, give a brief discussion of...
Find an example of a company that recently decreased its dividend, give a brief discussion of the situation, and how the stock has fared since.
Find an example of a company that recently split its stock, give a brief discussion of...
Find an example of a company that recently split its stock, give a brief discussion of the situation, and how the stock has fared since.
Find an example of a company that recently initiated a stock buy-back program, give a brief...
Find an example of a company that recently initiated a stock buy-back program, give a brief discussion of the situation, and how the stock has fared since.
Give a brief discussion of communicating assertively showing its limits.
Give a brief discussion of communicating assertively showing its limits.
1. Give brief answers (a) Give an example of a process in which a system is...
1. Give brief answers (a) Give an example of a process in which a system is not heated, but its temperature increases. Explain this process on the basis of the 1st law of thermodynamics. (b) You brought a cup of hot coffee to a classroom. After a while, the coffee cooled down to room temperature. How did the entropy of the coffee change in this process? How did the entropy of the Universe vary in this process, where the Universe...
Give a brief example of the option ( Bear Put Spread ) ?
Give a brief example of the option ( Bear Put Spread ) ?
Give a brief example of the option ( Bear Call Spread ) ?
Give a brief example of the option ( Bear Call Spread ) ?
Triple X Company recently paid a $3 annual dividend. The company is projecting that its dividends...
Triple X Company recently paid a $3 annual dividend. The company is projecting that its dividends will grow by 20 percent next 2 years, 10 percent annually for the following year after that, and then at 5 percent annually thereafter. Based on this information, how much should Triple X's common stock sell for today if her required return is 12%?
YA Msafer recently paid a $2 annual dividend. The company is projecting that its dividends will...
YA Msafer recently paid a $2 annual dividend. The company is projecting that its dividends will grow by 20 percent next year, 12 percent annually for the two years after that, and then at 6 percent annually thereafter. Based on this information, how much should YA Msafer common stock sell for today if her required return is 10.5%? Please Solve As soon as Solve quickly I get you two UPVOTE directly Thank's Abdul-Rahim Taysir
YA Msafer recently paid a $2 annual dividend. The company is projecting that its dividends will...
YA Msafer recently paid a $2 annual dividend. The company is projecting that its dividends will grow by 20 percent next year, 12 percent annually for the two years after that, and then at 6 percent annually thereafter. Based on this information, how much should YA Msafer common stock sell for today if her required return is 10.5%? Please Solve As soon as Solve quickly I get you two UPVOTE directly Thank's Abdul-Rahim Taysir
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT