MINNEAPOLIS--(BUSINESS WIRE)--Jan. 5, 2009--Directors of Pentair, Inc. (NYSE:PNR) recently approved an increase in
the company's quarterly cash dividend of one cent per share, effective
with the quarterly dividend payable in the first quarter of 2009. The
new quarterly cash dividend rate - $0.18 cents per share as compared to
the previous rate of $0.17 per share - represents a six percent 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 and thermal management markets, designing and manufacturing
thermal management products and standard, modified, and custom
enclosures that house and protect sensitive electronics and electrical
components. With 2007 revenues of $3.30 billion, Pentair employs
approximately 16,000 people worldwide.
CONTACT: Pentair, Inc.
Todd Gleason, 763-656-5570
Vice President, Investor Relations
[email protected]
Source: Pentair, Inc.