ST. PAUL, Minn., Feb 27, 2003 /PRNewswire-FirstCall via COMTEX/ -- Directors of
Pentair, Inc. (NYSE: PNR) yesterday increased the company's regular quarterly
cash dividend from 19 cents per share to 21 cents per share. This represents an
11 percent increase, which will be effective with the dividend payable May 9,
2003, to shareholders of record at the close of business on April 25, 2003. This
is the 27th consecutive annual dividend increase in the company's 37-year
history.
Pentair ( www.pentair.com ) is a St. Paul-based manufacturer whose core
businesses compete in tools, water technologies, and enclosures markets. The
company employs 12,000 people in more than 50 locations around the world.
CONTACT: Mark Cain of Pentair, Inc., +1-651-639-5278
SOURCE Pentair, Inc.