Parker-Hannifin Corporation (PH) Yield on Cost (YOC): 0.84%
The yield on cost (YOC) for Parker-Hannifin Corporation (PH) is 0.84%.
PH Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
0.84%
Forward Yield on Cost Projections
If you buy PH today at the current stock price of $881.66 with a yield of 0.84% and dividends continue to grow at the historical rate (14.8% CAGR), your YOC would be:
Current Yield
0.84%
YOC in 3 Years
1.49%
YOC in 5 Years
2.18%
YOC in 10 Years
5.64%
Interactive Yield on Cost Calculator
Project custom investment returns for Parker-Hannifin Corporation (PH) based on your custom cost basis.
Starting Yield
0.84%
Ending YOC
6.69%
Year 15 Dividend
$58.97
Cum. Dividends Recd.
$399.08
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $7.40 | — | 0.84% | $0.00 |
| Year 1 | $8.50 | +14.84% | 0.96% | $8.50 |
| Year 2 | $9.76 | +14.84% | 1.11% | $18.26 |
| Year 3 | $11.21 | +14.84% | 1.27% | $29.47 |
| Year 4 | $12.87 | +14.84% | 1.46% | $42.34 |
| Year 5 | $14.78 | +14.84% | 1.68% | $57.12 |
| Year 6 | $16.97 | +14.84% | 1.93% | $74.09 |
| Year 7 | $19.49 | +14.84% | 2.21% | $93.58 |
| Year 8 | $22.39 | +14.84% | 2.54% | $115.97 |
| Year 9 | $25.71 | +14.84% | 2.92% | $141.68 |
| Year 10 | $29.52 | +14.84% | 3.35% | $171.20 |
| Year 11 | $33.90 | +14.84% | 3.85% | $205.11 |
| Year 12 | $38.94 | +14.84% | 4.42% | $244.04 |
| Year 13 | $44.71 | +14.84% | 5.07% | $288.76 |
| Year 14 | $51.35 | +14.84% | 5.82% | $340.11 |
| Year 15 | $58.97 | +14.84% | 6.69% | $399.08 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
Parker-Hannifin Corporation Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Parker-Hannifin Corporation Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Parker-Hannifin Corporation (PH)?
- The yield on cost (YOC) for PH stock is 0.84%.
About Parker-Hannifin Corporation
Parker-Hannifin Corporation is a global enterprise specializing in the production and distribution of advanced motion and control technologies and systems. These solutions serve a broad spectrum of international markets, including mobile applications, industrial operations, and the aerospace sector. Its organizational structure is primarily divided into two key business units: Diversified Industrial and Aerospace Systems. Within the Diversified Industrial division, the product portfolio is extensive, covering sealing, protective shielding, thermal management systems, bonding agents, surface coatings, and technologies designed to reduce noise, vibration, and harshness. This segment also provides filtration units, diagnostic tools, and related solutions for purifying fuel, air, oil, water, and various other liquids and gases by eliminating contaminants. Additionally, it produces connectors vital for fluid handling (controlling, transmitting, and containing), along with advanced control mechanisms engineered for demanding environments involving extreme corrosion, temperatures, pressures, and requiring precise flow regulation. Crucially, it supplies hydraulic, pneumatic, and electromechanical components and integrated systems to manufacturers and operators of both mobile and stationary industrial machinery. Products from this division are supplied to original equipment manufacturers (OEMs) as well as to distributors who cater to the aftermarket across a wide array of sectors. These include industries focused on manufacturing, packaging, processing, transportation, construction, climate control (refrigeration and air conditioning), agriculture, and military machinery and equipment. In contrast, the Aerospace Systems segment focuses on delivering specialized components and systems for both commercial and military aircraft structures and engine applications. Its comprehensive offerings encompass control actuation systems, parts for engine construction and exhaust, entire engine systems, fluid transport and fuel systems (including those for fuel tank inerting), hydraulic and lubrication components, pilot interface controls, pneumatic control elements, thermal regulation products, and landing gear wheels and brakes. The segment also provides devices for precise fluid measurement, distribution, and atomization. Sales within this particular division are conducted directly with original equipment manufacturers (OEMs) and final consumers. Overall, Parker-Hannifin distributes its solutions via a diversified sales network, comprising its own dedicated sales personnel, independent distributors, and authorized sales representatives. Established in 1917, the corporation maintains its global headquarters in Cleveland, Ohio.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- Jennifer A. Parmentier