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PENTAIR ANNOUNCES QUARTERLY CASH DIVIDEND
04.10.2014


SCHAFFHAUSEN, Switzerland - April 10, 2014 - Pentair Ltd. (NYSE: PNR) today announced that it will pay a regular quarterly cash dividend of $0.25 per share on May 9, 2014 to shareholders of record at the close of business on April 25, 2014. Pentair had previously announced on April 29, 2013 the approval by its shareholders of an ordinary cash dividend of $1.00 per share to be paid out of Pentair's capital contribution reserve in four equal quarterly installments of $0.25 in each of the third and fourth quarters of 2013 and the first and second quarters of 2014.

Pentair paid dividends of $0.96 per share in 2013. On February 25, 2014, Pentair announced that its Board of Directors recommended that Pentair shareholders approve at the 2014 annual general meeting of shareholders a proposal to pay quarterly cash dividends through the second quarter of 2015. The proposal provides that dividends of $1.20 per share will be made out of Pentair's capital contribution reserve to shareholders in quarterly installments of $0.30 per share for each of the third and fourth quarters of 2014 and the first and second quarters of 2015. If the dividend proposal is approved by the shareholders at the 2014 annual general meeting of shareholders, which is scheduled to be held on May 20, 2014, the 2014 dividend increase will mark the 38th consecutive year in which Pentair has increased its dividend.

About Pentair Ltd.
Pentair Ltd. (www.pentair.com) delivers industry-leading products, services and solutions for its customers' diverse needs in water and other fluids, thermal management and equipment protection. With 2013 revenues of $7.5 billion, Pentair employs more than 30,000 people worldwide.

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Pentair contacts:
Jim Lucas                                                            
Vice President, Investor Relations                  
Tel.: 763-656-5575                                                            
E-mail: jim.lucas@pentair.com

Rebecca Osborn
Senior Manager, External Communications
Tel.: 763-656-5589
Email: rebecca.osborn@pentair.com

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Categories: Press Releases