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.
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.