Pentair plc (NYSE:PNR – Get Free Report) declared a quarterly dividend on Monday, February 23rd. Shareholders of record on Friday, April 17th will be paid 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 1.1%. The ex-dividend date of this dividend is Friday, April 17th.
Pentair has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 7 consecutive years. Pentair has a dividend payout ratio of 20.6% indicating that its dividend is sufficiently covered by earnings. Research 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 Stock Performance
NYSE:PNR traded up $0.75 on Tuesday, hitting $102.41. The stock had a trading volume of 69,493 shares, compared to its average volume of 1,953,275. The business’s 50-day simple moving average is $103.35 and its two-hundred day simple moving average is $106.18. The company has a quick ratio of 0.95, a current ratio of 1.61 and a debt-to-equity ratio of 0.42. The stock has a market cap of $16.76 billion, a price-to-earnings ratio of 25.81, a price-to-earnings-growth ratio of 1.81 and a beta of 1.22. Pentair has a 52-week low of $74.25 and a 52-week high of $113.95.
Pentair Company Profile
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
- Elon’s Secret AI Partner?
- Elon Musk already made me a “wealthy man”
- Silver $500? The “Deficit Math” says it’s possible.
- SELL Alert: Oracle Corporation (ORCL)
- Unlocked: Elon Musk’s Next Big IPO
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.
