GOLDEN VALLEY, Minn.--(BUSINESS WIRE)--Dec. 19, 2006--Directors of
Pentair, Inc. (NYSE:PNR) recently approved an increase in the
company's regular quarterly cash dividend of approximately 7% percent,
or one cent per share, effective for all quarterly dividends payable
in 2007. The new quarterly cash dividend rate - $0.15 per share
compared to the previous rate of $0.14 per share - represents
Pentair's 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
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 2005 revenues of $2.95 billion, Pentair employs
approximately 15,000 people worldwide.
CONTACT: Pentair, Inc.
Rachael Jarosh, Communications, 763-656-5280
E-mail: [email protected]
or
Mark Cain, Investor Relations, 763-656-5278
E-mail: [email protected]
SOURCE: Pentair, Inc.