Pentair Announces Quarterly Cash Dividend

Rhea-AI Summary

Pentair plc (NYSE: PNR) announced a quarterly cash dividend of $0.21 per share, payable on November 4, 2022. Shareholders on record by October 21, 2022 will benefit from this dividend. This marks the 46th consecutive year of dividend increases for Pentair, underscoring their commitment to returning value to shareholders. In 2021, Pentair achieved revenues of approximately $3.8 billion, serving a global customer base with around 11,250 employees.

Positive

• Quarterly cash dividend of $0.21 per share demonstrates strong financial health.
• 46 consecutive years of dividend increases reflects commitment to shareholders.
• Robust revenue of approximately $3.8 billion in 2021 shows business growth.

Negative

• None.

LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.21 per share on November 4, 2022 to shareholders of record at the close of business on October 21, 2022. 2022 marks the 46th consecutive year that Pentair has increased its dividend.

ABOUT PENTAIR PLC

At Pentair, we inspire people to move, improve and enjoy life’s essential resources for happier, healthier lives. From our residential and business water solutions, to our sustainable innovations and applications, we deliver smart, sustainable solutions for life.

Pentair had revenue in 2021 of approximately $3.8 billion, and trades under the ticker symbol PNR. With approximately 11,250 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit Pentair.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220919005810/en/

Jim Lucas

SVP, Treasurer and Investor Relations

Tel: 763-656-5575

E-mail: jim.lucas@pentair.com

Rebecca Osborn

Senior Manager, External Communications

Tel: 763-656-5589

Email: rebecca.osborn@pentair.com

Source: Pentair plc

FAQ

What is the dividend amount announced by Pentair?

Pentair announced a quarterly cash dividend of $0.21 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on November 4, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is October 21, 2022.

How many years has Pentair been increasing its dividend?

Pentair has increased its dividend for 46 consecutive years.

What were Pentair's revenues in 2021?

Pentair reported revenues of approximately $3.8 billion in 2021.