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Pentair Announces 5 Percent Rate Increase to its Quarterly Cash Dividend

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LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.22 per share on February 3, 2023 to shareholders of record at the close of business on January 20, 2023. This dividend reflects an approximately 5 percent increase in the company’s regular cash dividend rate (from $0.21 per share); 2023 will mark the 47th consecutive year that Pentair has increased its dividend.

ABOUT PENTAIR PLC

At Pentair, we help the world sustainably move, improve, and enjoy water, life’s most essential resource. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is focused on smart, sustainable water solutions that help our planet and people thrive.

Pentair had revenue in 2021 of approximately $3.8 billion, and trades under the ticker symbol PNR. Serving customers in more than 150 countries, our approximately 11,250 global employees are living our purpose to create a better world through smart, sustainable water solutions. To learn more, visit Pentair.com.

PENTAIR CONTACTS

Dan Complin

Manager, Investor Relations

Tel: 763-656-5575

Email: dan.complin@pentair.com

Rebecca Osborn

Senior Manager, External Communications

Tel: 763-656-5589

Email: rebecca.osborn@pentair.com

Source: Pentair plc

Pentair plc

NYSE:PNR

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164.45M
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Fluid Power Valve and Hose Fitting Manufacturing
Manufacturing
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United States of America
LONDON

About PNR

pentair plc (nyse: pnr) is a global water, fluid, thermal management and equipment protection partner with industry leading products, services, and solutions. with 2014 revenues of $7.0 billion, pentair employs approximately 30,000 people worldwide. we report the performance of our business within four global operating segments: valves & controls, flow & filtration solutions, water quality systems, and technical solutions. valves & controls designs, manufactures, markets, and services valves, fittings, automation and controls, and actuators for the energy and industrial verticals. process technologies designs, manufactures, markets, and services innovative water system products and solutions to meet filtration, separation, and fluid process management challenges in food and beverage, water, wastewater, swimming pools, and aquaculture applications. flow technologies designs, manufactures, and markets products and services designed for the transfer and flow of clean water, wa