GOLDEN VALLEY, Minn., Jan 12, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Directors of
Pentair, Inc. (NYSE: PNR) recently approved an increase in the company's
regular quarterly cash dividend of nearly eight percent, or one cent per
share, effective with the quarterly dividend payable on February 10, 2006, to
shareholders of record at the close of business on January 27, 2006. The new
quarterly cash dividend rate -- $0.14 cents per share, compared to the
previous rate of $0.13 per share -- represents Pentair's 30th consecutive
annual dividend increase.
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 2004 revenues from continuing operations of $2.28 billion, or
$2.76 billion on a pro forma basis, Pentair has approximately 13,000 employees
worldwide.
SOURCE Pentair, Inc.
Pentair Contacts:
Rachael Jarosh, Communications, +1-763-656-5280, rachael.jarosh@pentair.com ; or,
Mark Cain, Investor Relations, +1-763-656-5278, mark.cain@pentair.com , both of
Pentair, Inc.