What's the deal with PCAR's dividend history ... every 5 quarters or so they pay out a special dividend?
Their numbers do look strong ... thanks for bringing it to the table
I'm not sure if this dividend history page is correct or not, but is PH really a dividend champion? Look at 2001-2004 where there's 8 straight quarters of $0.18 followed by 8 straight quarters of $0.19:
http://www.nasdaq.com/symbol/ph/dividend-history
Currently they've done 5 straight quarters of $0.63
Compare it to this next link and the numbers aren't even the same, but still back to back 8 straight quarters of the same payment:
https://www.dividata.com/stock/PH/dividend
Their whole history appears to be a little willy nilly ... anyone know if there's some ratio or lever that management guides to before they'll bump the div?
Edit: PH's website's numbers are the same as the first link:
http://phx.corporate-ir.net/phoenix.zhtm...-dividends
Other Industrials to look at would be ETN and ITW and of course EMR.
rapidacid:
Well, if dividend is not decreased or cut, I guess it stays in Champions list. Another example is
HP (Dividend Champion), which is far from raising dividends each year.
Nasdaq and PHX do not edit dividends based on corporate actions (they keep real/actually paid dividends). Dividata.com update dividends from Yahoo Finance, where dividends are updated and corporate actions are taken into account. For
Parker-Hannifin Corporation, it was
3-for-2 split on Oct. 2, 2007.