Netflix adds 5.3M subscribers in Q3 >>> READ MORE

3 Stocks That Are Filling Up the Piggy Bank

Overflowing piles of cash mean these companies could return much more value to shareholders

      View All  


Parker Hannifin NYSE:PHCash: $1.78 billion
1-Year Growth Rate: 113%
Cash Relative to Market Cap: 11.2%
1-Year Total Return: 26.8%

Parker-Hannifin (PH) manufactures motion and control components for a range of industries, from aerospace to climate control.

One thing PH always gets praised for is a long history of strong, positive cash flow — and having little financial leverage. Furthermore, Parker-Hannifin is going to have to hike its dividend if it hopes to get back to a more normal level. Currently, the yield on the dividend stands at 1.6%, but the five-year average yield is 2%.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC