Company: Parker-Hannifin Corporation (PH)
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Company Profile: Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States. -Morningstar.com-
Symbol: PH
Recent Price: $522.71
Dividends: $6.52
Yield: 1.25%
Sector: Industrials
Industry: Specialty Industrial Machinery
Address & Company Phone #: 6035 Parkland Boulevard Cleveland OH 44124, 216-896-3000
Transfer Agent: Equiniti Group plc. 1-800-468-9716
Moody’s Rating: Baa1
Minimum & Maximum Investment: $10 – $5,000/month
Investment Dates: 1st Monthly
Shares to Qualify: 1 Share
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail for $15+5¢/sh.
52 Week High & Low: $535.55, $300.86