Pentair Announces Quarterly Cash Dividend

Rhea-AI Summary

Pentair plc (NYSE: PNR) has announced a quarterly cash dividend of $0.20 per share, payable on November 5, 2021, to shareholders of record by October 22, 2021. This marks the company's 45th consecutive year of dividend increases. In 2020, Pentair reported $3 billion in revenue, with approximately 9,750 employees serving over 150 countries.

Positive

• Regular quarterly cash dividend of $0.20 per share enhances shareholder income.
• 45 consecutive years of dividend increases reflects strong company performance and confidence.

Negative

• None.

LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.20 per share on November 5, 2021 to shareholders of record at the close of business on October 22, 2021. 2021 marks the 45th consecutive year that Pentair has increased its dividend.

ABOUT PENTAIR PLC

Pentair makes the most of life’s essential resources. From our residential and business solutions that help people move, improve and enjoy their water, to our sustainable innovations and applications, we deliver smart, sustainable solutions for life.

Pentair had revenue in 2020 of $3 billion, and trades under the ticker symbol PNR. With approximately 9,750 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/20210921006092/en/

Pentair Contacts:

Jim Lucas

SVP, Treasurer, FP&A 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 for Pentair in 2021?

Pentair will pay a dividend of $0.20 per share.

When will the Pentair dividend be paid?

The dividend will be paid on November 5, 2021.

What is the record date for Pentair's dividend?

The record date for the dividend is October 22, 2021.

How many years has Pentair increased its dividend?

Pentair has increased its dividend for 45 consecutive years.

What was Pentair's revenue in 2020?

Pentair reported revenue of $3 billion in 2020.