PENTAIR's latest quarterly dividend was on Apr 18, 2024 (ex-date) with a payout of $0.23 per share. On an annualized basis, the company has a current payout of $0.9 per share. This brings the dividend yield to 1.15% based on its recent close price.
PNR has a dividend yield of 1.15% which is higher than the industry average but lower than the Industrials sector average. If we compare it with the Industrials sector average of 1.43%, PENTAIR's dividend yield is 20% lower. Historically PNR's dividend yield has averaged at 1.6% in the last 5 years, which is more than the current one.
PENTAIR has been paying dividends since 1994. PNR has distributed five quarterly dividends in the past year. The annualized dividend per share marks an increase of 6% since twelve months ago. But with the price of the stock up by 48% from a year ago, the dividend yield has a decrease of 28%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 18, 2024 | May 3, 2024 | Feb 19, 2024 | $0.23 | normal |
| Jan 18, 2024 | Feb 2, 2024 | Dec 11, 2023 | $0.23 | normal |
| Oct 19, 2023 | Nov 3, 2023 | Sep 18, 2023 | $0.22 | normal |
| Jul 20, 2023 | Aug 4, 2023 | May 8, 2023 | $0.22 | normal |
| Apr 20, 2023 | May 5, 2023 | Feb 20, 2023 | $0.22 | normal |
| 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 23.9% which is lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 30.1%, PENTAIR's payout ratio is 21% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DOV DOVER Corp | 1.2% | $2.04 | 26.9% |
| PNR PENTAIR plc | 1.15% | $0.9 | 23.9% |
| XYL Xylem Inc | 1.06% | $1.35 | 48% |
Yes, PENTAIR has been paying dividends for the last 30 years.
At this point we don't have a record of PNR's next dividend date, but based on the current dividend schedule we project that it will likely be in July 2024.
PENTAIR's last dividend ex-date was on Apr 18, 2024. The dividend amount was $0.23 per share.
PNR's annualized dividend per share is $0.9.
The current dividend yield of PENTAIR is 1.15%.
PENTAIR pays dividends quarterly.
PENTAIR's dividend payout ratio is 23.9%.
PENTAIR's dividend yield is less than the Industrials sector average.