PENTAIR's latest quarterly dividend was on Jan 19, 2023 (ex-date) with a payout of $0.22 per share. On an annualized basis, the company has a current payout of $0.85 per share. This brings the dividend yield to 1.65% based on its recent close price. The latest dividend marks an increase of $0.01, or 4.8% from the prior distribution.
PNR has a dividend yield of 1.65% which is higher than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.52%, PENTAIR's dividend yield is 9% higher. Historically PNR's dividend yield has averaged at 1.8% in the last 5 years, which is more than the current one.
PENTAIR has been paying dividends since 1994. PNR has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 4.9% since twelve months ago. And with the price of the stock down by 10% from a year ago, the dividend yield marks an increase of 17%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 19, 2023 | Feb 3, 2023 | Dec 12, 2022 | $0.22 | normal |
| Oct 20, 2022 | Nov 4, 2022 | Sep 19, 2022 | $0.21 | normal |
| Jul 21, 2022 | Aug 5, 2022 | May 16, 2022 | $0.21 | normal |
| Apr 21, 2022 | May 6, 2022 | Feb 21, 2022 | $0.21 | normal |
| Jan 20, 2022 | Feb 4, 2022 | $0.21 | normal | |
| Oct 21, 2021 | Nov 5, 2021 | Sep 21, 2021 | $0.2 | normal |
| Jul 22, 2021 | Aug 6, 2021 | May 4, 2021 | $0.2 | normal |
| Apr 22, 2021 | May 7, 2021 | Feb 16, 2021 | $0.2 | normal |
| Jan 21, 2021 | Feb 5, 2021 | Dec 8, 2020 | $0.2 | normal |
| Oct 22, 2020 | Nov 6, 2020 | Sep 22, 2020 | $0.19 | normal |
| Jul 23, 2020 | Aug 7, 2020 | May 5, 2020 | $0.19 | normal |
| Apr 16, 2020 | May 1, 2020 | Feb 25, 2020 | $0.19 | normal |
| Jan 23, 2020 | Feb 7, 2020 | Jan 28, 2020 | $0.19 | normal |
| Oct 17, 2019 | Nov 1, 2019 | Sep 24, 2019 | $0.18 | normal |
| Jul 18, 2019 | Aug 2, 2019 | May 6, 2019 | $0.18 | normal |
| Apr 17, 2019 | May 3, 2019 | Feb 19, 2019 | $0.18 | normal |
| Jan 24, 2019 | Feb 8, 2019 | Dec 10, 2018 | $0.18 | normal |
| Oct 18, 2018 | Nov 2, 2018 | Sep 18, 2018 | $0.175 | normal |
| Jul 19, 2018 | Aug 3, 2018 | May 8, 2018 | $0.175 | normal |
| Apr 12, 2018 | Apr 27, 2018 | Feb 27, 2018 | $0.35 | normal |
| Jan 25, 2018 | Feb 9, 2018 | Dec 5, 2017 | $0.35 | normal |
| Oct 19, 2017 | Nov 3, 2017 | Sep 19, 2017 | $0.345 | normal |
| Jul 19, 2017 | Aug 4, 2017 | May 9, 2017 | $0.345 | normal |
| Apr 19, 2017 | May 5, 2017 | Feb 21, 2017 | $0.345 | normal |
| Jan 25, 2017 | Dec 6, 2016 | $0.345 | normal | |
| Oct 19, 2016 | Nov 4, 2016 | Oct 4, 2016 | $0.34 | normal |
| Jul 20, 2016 | Aug 5, 2016 | May 10, 2016 | $0.34 | normal |
| Apr 20, 2016 | May 6, 2016 | Feb 23, 2016 | $0.33 | normal |
PNR has a payout ratio of 29.1% which is higher than the Industrials sector average but lower than the industry and its peers average. But in comparison with the Industrials sector average of 28.3%, PENTAIR's payout ratio is only 2.8% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CR Crane Co | 1.67% | $1.88 | 26.4% |
| PNR PENTAIR plc | 1.65% | $0.85 | 29.1% |
| DOV DOVER Corp | 1.44% | $2.02 | 27% |
| XYL Xylem Inc | 1.26% | $1.23 | 62.4% |
Yes, PENTAIR has been paying dividends for the last 29 years.
PNR's next dividend is scheduled on Apr 20, 2023 (ex-date).
PENTAIR's last dividend ex-date was on Jan 19, 2023. The dividend amount was $0.22 per share.
PNR's annualized dividend per share is $0.85.
The current dividend yield of PENTAIR is 1.65%.
PENTAIR pays dividends quarterly.
PENTAIR's dividend payout ratio is 29.1%.
PENTAIR's dividend yield is more than the Industrials sector average.