Pentair Announces Quarterly Cash Dividend

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Tags

dividends

Rhea-AI Summary

Pentair announces regular quarterly dividend of $0.22 per share, marking the 47th consecutive year of dividend increase.

Positive

Pentair's consistent dividend increase for 47 years may positively impact stock price.

Negative

None.

09/18/2023 - 05:04 PM

LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.22 per share on November 3, 2023 to shareholders of record at the close of business on October 20, 2023. 2023 marks the 47th consecutive year that Pentair has increased its dividend.

ABOUT PENTAIR PLC

At Pentair, we help the world sustainably move, improve and enjoy water, life’s most essential resource. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is focused on smart, sustainable water solutions that help the planet and people thrive.

Pentair had revenue in 2022 of approximately $4.1 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.