3 Stocks That Set All-Time Highs:

Parker-Hannifin

  3 Stocks That Set All-Time Highs: Parker-Hannifin In our previous article, we talked about Emerson Electric, one of the 3 stocks that have been providing investors with an annual increase for more than 50 years. In this article, we continue to explain the trilogy with Parker-Hannifin company.

2-Parker-Hannifin

Parker-Hannifin (NYSE: PH) was not very generous with their payouts, with a yield of just 1,2 % . On the other hand, as a 64-year-old firm, it was able to raise the dividend line for shareholders who rely on dividend income. Parker-Hannifin is a leading manufacturer of motion and control systems, including systems that provide climate control, filtration, electromechanical and liquid-gas handling. The company has industrial customers working in areas such as manufacturing and aerospace. Investors have recently been cautious about aviation transactions due to the problems with commercial aircraft models in 2019 and the serious decline in the airline industry due to the pandemic in 2020. As the vaccination efforts become widespread, shareholders hope that Parker-Hannifin can rebound. 3 Stocks That Set All-Time Highs: Parker-Hannifin    

Source: The Motley Fool

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