Parker Increases Quarterly Dividend by 5% to $0.41

Parker Hannifin Corporation

today announced that its Board of Directors increased the Company's regular quarterly cash dividend to 41 cents per share of common stock and declared a dividend payable June 1, 2012 to shareholders of record as of May 10, 2012. This represents a 5 percent increase over the previous quarterly dividend of 39 cents per common share and is the Company's 248th consecutive quarterly dividend, resulting in a total distribution to shareholders of approximately $62 million.