Dividend Aristocrat Pentair cuts dividend by 50 percent Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Pentair As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Pentair As of October 10, 2023	PNR	$0.88	0.0%	4.8%	5.0%
Water System Products	1.4%	47	4.7%	Quarter	N/A

Pentair cuts dividend by 50% following nVent spin-off

Tuesday 8 May 2018

Dividend Aristocrat Pentair will pay a quarterly dividend of $0.175 per share in the second quarter of 2018, compared to $0.35 per share in the previous quarter.

The next dividend will be paid on August 3, 2018 to shareholders of record at the close of business on July 20, 2018. PNR currently has a dividend yield of 1.6%.

According to Pentair 2018 marks the 42nd consecutive year that Pentair has increased its dividend, as adjusted for the spin-off of nVent Electric plc. However nVent has not yet announced a dividend.

Pentair plc is engaged in Water Quality Systems business and Flow and Filtration Solutions business. The company designs, manufactures, markets and services water system products and solutions to meet filtration and fluid management challenges in food and beverage, water, swimming pools and aquaculture applications. Its Flow and Filtration Solutions business is involved in the water treatment and wastewater system business.

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