Pentair plc (NYSE:PNR – Get Free Report) announced a quarterly dividend on Monday, February 23rd. Shareholders of record on Friday, April 17th will be given a dividend of 0.27 per share by the industrial products company on Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, April 17th.
Pentair has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 7 years. Pentair has a payout ratio of 20.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Pentair to earn $5.27 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 20.5%.
Pentair Price Performance
NYSE PNR opened at $103.05 on Wednesday. The firm’s fifty day simple moving average is $103.32 and its two-hundred day simple moving average is $106.18. Pentair has a 12-month low of $74.25 and a 12-month high of $113.95. The firm has a market capitalization of $16.86 billion, a P/E ratio of 26.02, a P/E/G ratio of 1.80 and a beta of 1.22. The company has a current ratio of 1.61, a quick ratio of 0.95 and a debt-to-equity ratio of 0.42.
About Pentair
Pentair plc (NYSE: PNR) is a global provider of water treatment and fluid management solutions. The company designs, manufactures and sells a broad range of products that move, treat, monitor and control the flow of water and other fluids across residential, commercial, industrial and municipal markets. Pentair’s offerings are focused on improving water quality, conserving resources and enabling efficient fluid handling in applications from household water systems and pools to large-scale industrial and municipal installations.
Product lines include pumps and pumping systems, water filtration and purification equipment, valves and controls, heat exchangers, pool and spa systems, and a range of aftermarket parts and services.
Recommended Stories
- Five stocks we like better than Pentair
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- Buy this Gold Stock Before May 2026
- This makes me furious
- What a Former CIA Agent Knows About the Coming Collapse
Receive News & Ratings for Pentair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pentair and related companies with MarketBeat.com's FREE daily email newsletter.
