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NEW YORK ( TheStreet) -- The ex-dividend date for Parker Hannifin Corporation (NYSE: PH) is tomorrow, February 6, 2014. Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $110.82 as of 9:50 a.m. ET, the dividend yield is 1.8%. The average volume for Parker Hannifin has been 1.1 million shares per day over the past 30 days. Parker Hannifin has a market cap of $16.32 billion and is part of the industrial goods sector and industrial industry. Shares are down 13.8% year to date as of the close of trading on Tuesday. Parker-Hannifin Corporation manufactures motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide.