LONDON--(BUSINESS WIRE)--
Pentair plc (NYSE: PNR) announced today that its Board of Directors has
approved a 3 percent increase in the company’s regular cash dividend
rate (from $0.175 per share to $0.18 per share) and that it will pay a
regular quarterly cash dividend of $0.18 per share on February 8, 2019
to shareholders of record at the close of business on January 25, 2019.
2019 will mark the 43rd consecutive year that Pentair has increased its
dividend.
ABOUT PENTAIR
At Pentair, we believe the health of our world
depends on reliable access to clean water. We deliver a comprehensive
range of smart, sustainable water solutions to homes, business and
industry around the world. Our industry leading and proven portfolio of
solutions enables our customers to access clean, safe water, reduce
water consumption, and recover and reuse it. Whether it’s improving,
moving or helping people enjoy water, we help manage the world’s most
precious resource.
With approximately 130 locations in 34 countries and 10,000 employees,
we believe that the future of water depends on us. Our 2017 revenue was
$2.8 billion, and we trade under the ticker symbol PNR. To learn more,
visit Pentair.com.
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Pentair
Jim Lucas
Senior Vice President, Investor
Relations and Treasurer
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
Source: Pentair