December 11, 2018

Pentair plc Increases Quarterly Dividend $PNR



  • Pentair (NYSE:PNR) declares $0.18/share quarterly dividend, 2.9% increase from prior dividend of $0.175.
  • Forward yield 1.81%
  • Payable Feb. 8; for shareholders of record Jan. 25; ex-div Jan. 24.


Pentair plc (NYSE: PNR) announced 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.

For more information, visit www.pentair.com

According to the list of U.S. Dividend Champions, Pentair plc is a Dividend Champions. Pentair has a 42-year dividend, raising streak.


Dividend Growth Rates
DGR
DGR
DGR
DGR
1-yr
3-yr
5-yr
10-yr
1.5
7.9
9.4
8.7



Dividend Yield Chart:



Pentair PLC stock dividend yield is close to 3-year low.


Payout Ratio:



This is the historical payout ratio of Pentair PLC. If payout ratio is close to or higher than 100%, dividends might not be sustainable.


No comments:

Post a Comment