Correction: Pentair Announces Quarterly Cash Dividend
May 11 2016 - 4:05PM
MANCHESTER, United Kingdom - May 11, 2016 -
Pentair plc (NYSE: PNR) announced a correction to the press release
issued on May 10, 2016 entitled "Pentair Announces Quarterly Cash
Dividend." The press release incorrectly stated that the company
will pay a regular quarterly cash dividend of $0.33 per share on
August 5, 2016 to shareholders of record at the close of business
on July 22, 2016. The corrected statement is as follows:
Pentair will pay a regular quarterly cash dividend
of $0.34 per share on August 5, 2016 to shareholders of record at
the close of business on July 22, 2016.
Pentair had previously announced on December 8,
2015 the approval by its Board of Directors to pay dividends in
2016 in four quarterly installments of $0.33 in each of the first
and second quarters and $0.34 in each of the third and fourth
quarters. 2016 will mark the 40th consecutive year that Pentair has
increased its dividend.
ABOUT PENTAIR PLC
Pentair plc (www.pentair.com) delivers industry-leading products,
services, and solutions for its customers' diverse needs in water
and other fluids, thermal management, and equipment
protection. With 2015 revenues of $6.4 billion, Pentair
employs approximately 28,000 people worldwide.
###
Pentair contacts:
Jim
Lucas
Vice President, Investor Relations and Strategic
Planning
Tel:
763-656-5575
E-mail: jim.lucas@pentair.com
Rebecca Osborn
Senior Manager, External Communications
Tel: 763-656-5580
Email: rebecca.osborn@pentair.com
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Pentair plc via Globenewswire
HUG#2012015
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