Pentair Announces Dividend Increase and Quarterly Cash Dividend
December 05 2017 - 6:45AM
LONDON, United Kingdom - December 5, 2017 -
Pentair plc (NYSE: PNR) announced today that its Board of Directors
has approved a 1 percent increase in the company's regular cash
dividend rate (from $0.345 per share to $0.35 per share) and that
it will pay a regular quarterly cash dividend of $0.35 per share on
February 9, 2018 to shareholders of record at the close of business
on January 26, 2018. 2018 will mark the 42nd consecutive year that
Pentair has increased its dividend.
ABOUT PENTAIR
Pentair plc (NYSE: PNR) is a global company
dedicated to building a safer, more sustainable world. Pentair
delivers industry leading products, services and solutions that
help people make the best use of the resources they rely on most.
Its technology moves the world forward by ensuring that water is
plentiful, useful and pure, and that critical equipment and those
near it are protected. With 2016 revenues of $4.9 billion, Pentair
employs approximately 19,000 people worldwide. To learn more, visit
pentair.com.
###
Pentair contacts:
Jim
Lucas
Vice President, Investor Relations and
Treasury
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 Corporate Solutions on behalf
of Nasdaq 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
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