Parker Hannifin Corporation PH, the global leader in motion and control technologies, today announced
that its Board of Directors increased the Company's regular quarterly cash dividend to 37 cents per share of common stock and declared a dividend payable June 3, 2011 to shareholders of record as of May 10, 2011. This represents a 16 percent increase over the previous quarterly dividend of 32 cents per common share and is the Company's 244th consecutive quarterly dividend, resulting in a total distribution to shareholders of approximately $60 million.
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