GOLDEN VALLEY, Minn., Jan. 13 /PRNewswire-FirstCall/ -- Directors of
Pentair, Inc. (NYSE: PNR) today declared a regular quarterly cash dividend of
13 cents per share payable February 11, 2005, to shareholders of record at the
close of business on January 28, 2005. The quarterly dividend rate --
increased as a result of board action taken on December 10, 2004 -- represents
an 18 percent increase over the previous quarterly dividend of 11 cents per
share, and reflects the Company's confidence in its ability to continue
generating strong cash flow in the years ahead.
About Pentair, Inc.
Pentair ( http://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 Enclosures 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 2003 revenues of $2.7 billion, Pentair has approximately
13,000 employees worldwide.
Pentair Contacts:
Rachael Jarosh
Communications
Tel.: (763) 656-5280
E-mail: rachael.jarosh@pentair.com
Mark Cain
Investor Relations
Tel.: (763) 656-5278
E-mail: mark.cain@pentair.com
SOURCE Pentair, Inc.