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Parker-Hannifin Corporation Message Board

  • no156tbird no156tbird Mar 10, 2013 1:14 PM Flag

    Posting on this Board

    True there is not much activity on this board and perhaps that is because the intelligent Parker stockholders are content to see their share prices rise and receive a fair dividend consistently over the past 50 some odd years. Unlike those who complain and post erroneous information. Comparing Parker to GLP (petroleum distribution company) and DDR (Real Estate ) is like comparing apples to oranges. Parker is an Industrial Company and when comparing their dividend to other such companies the amount of the dividend is reasonably fair and equal. Also, in Parker's history they have never reached $120/share. Splits they made during the earlier years of growth occurred in the $60/share range and most recently a coupe of years ago was in the $80 range. Currently it looks like there is the possiblity of their reaching $ !00/share. Will they consider splitting? They have bought back a good many Treasury shares over the past few months but is that an indication of their intent to split at the $100/share range. Only the CEO, corporate officers and Board of Directors can answer that. But they haven't told me (LOL). Good Luck on your investments.

    Sentiment: Hold

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