GOLDEN VALLEY, Minn.--(BUSINESS WIRE)--Dec. 20, 2007--Directors of
Pentair, Inc. (NYSE:PNR) recently approved an increase in the
company's regular quarterly cash dividend of thirteen percent, or two
cents per share, effective with the quarterly dividend payable in the
first quarter of 2008. The new quarterly cash dividend rate - $.0.17
cents per share as compared to the previous rate of $0.15 per share -
represents Pentair's thirty-first (31st) consecutive annual dividend
increase.
About Pentair, Inc.
Pentair (www.pentair.com) is a diversified operating company
headquartered in Minnesota. Its Water Group is a global leader in
providing innovative products and systems used worldwide in the
movement, treatment, storage and enjoyment of water. Pentair's
Technical Products Group is a leader in the global enclosures market,
designing and manufacturing standard, modified, and custom enclosures
that house and protect sensitive electronics and electrical
components. With 2006 revenues of $3.15 billion, Pentair employs
approximately 15,000 people worldwide.
CONTACT: Pentair Contacts:
Investor Relations:
Todd Gleason, 763-656-5570
E-mail: [email protected]
or
Communications:
Rachael Jarosh, 763-656-5280
E-mail: [email protected]
SOURCE: Pentair, Inc.