Pentair's (NYSE:PNR) Shareholders Will Receive A Bigger Dividend Than Last Year

Simply Wall St.12-20

The board of Pentair plc (NYSE:PNR) has announced that the dividend on 7th of February will be increased to $0.25, which will be 8.7% higher than last year's payment of $0.23 which covered the same ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492445842?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/q0yRN_h1fYD6SjjSkWx5lg--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4afa9747177650711578ccd57242a6b7","is_english":true,"pubTime":"2024-12-20 18:40","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2492445842","market":"us","top_or_hot":-1,"title":"Pentair's (NYSE:PNR) Shareholders Will Receive A Bigger Dividend Than Last Year","media":"Simply Wall St.","content":"<div>\n<p>The board of Pentair plc (NYSE:PNR) has announced that the dividend on 7th of February will be increased to $0.25, which will be 8.7% higher than last year's payment of $0.23 which covered the same ...</p>\n\n<a href=\"https://finance.yahoo.com/news/pentairs-nyse-pnr-shareholders-receive-104028845.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pentair's (NYSE:PNR) Shareholders Will Receive A Bigger Dividend Than Last Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPentair's (NYSE:PNR) Shareholders Will Receive A Bigger Dividend Than Last Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-20 18:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/pentairs-nyse-pnr-shareholders-receive-104028845.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The board of Pentair plc (NYSE:PNR) has announced that the dividend on 7th of February will be increased to $0.25, which will be 8.7% higher than last year's payment of $0.23 which covered the same ...</p>\n\n<a href=\"https://finance.yahoo.com/news/pentairs-nyse-pnr-shareholders-receive-104028845.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4597","symbol_name":"股息贵族","start_time":0,"source_url":"https://finance.yahoo.com/news/pentairs-nyse-pnr-shareholders-receive-104028845.html","article_id":"2492445842","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/q0yRN_h1fYD6SjjSkWx5lg--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4afa9747177650711578ccd57242a6b7"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492445842","pubTimestamp":1734691228,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The board of Pentair plc  has announced that the dividend on 7th of February will be increased to $0.25, which will be 8.7% higher than last year's payment of $0.23 which covered the same period. Even though the dividend went up, the yield is still quite low at only 0.9%.Pentair's Payment Could Potentially Have Solid Earnings Coverage. If it is predictable over a long period, even low dividend yields can be attractive. Before making this announcement, Pentair was easily earning enough to cover the dividend. This means that most of what the business earns is being used to help it grow.Over the next year, EPS is forecast to expand by 41.6%. If the dividend continues along recent trends, we estimate the payout ratio will be 16%, which is in the range that makes us comfortable with the sustainability of the dividend.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4597":"股息贵族","LU1721428347.USD":"BNP PARIBAS CLIMATE IMPACT \"C\" (USD) ACC","BK4161":"工业机械","LU2477742899.HKD":"BNP PARIBAS CLIMATE IMPACT \"C\" (HKD) ACC","LU2413666004.HKD":"BNP PARIBAS AQUA \"CRH\" (HKDHDG) INC","LU1721427968.SGD":"BNP PARIBAS AQUA \"CRH\" (SGDHDG) INC","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU1917777945.USD":"安联专题基金Cl AT Acc","BK4585":"ETF&股票定投概念","LU2413665964.HKD":"BNP PARIBAS AQUA \"C\" (HKD) ACC","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU1165135440.EUR":"BNP Paribas Aqua Classic Cap EUR","LU2506952337.HKD":"BNP PARIBAS CLIMATE IMPACT \"CRH\" (HKDHDG) ACC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2506952410.USD":"BNP PARIBAS CLIMATE IMPACT \"CRH\" (USDHDG) ACC A","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU2125910179.SGD":"Natixis Thematics Water H-R/A SGD","BK4588":"碎股","LU1543694498.USD":"法巴水资源基金RH MD Dis","LU2229751404.USD":"ALLIANZ GLOBAL WATER \"AT3\" (USD) ACC","LU1989763690.USD":"东方汇理世代食品基金A2 Acc","LU1620156213.USD":"BNP PARIBAS AQUA \"C\" (USD) INC","LU1721428933.USD":"法巴全球经典环境基金RH MD Dis","LU1989763427.SGD":"CPR Invest - Food For Generations A2 Acc SGD-H","LU2125910336.SGD":"Natixis Thematics Water R/A SGD","LU1620156130.USD":"BNP PARIBAS AQUA \"C\" (USD) ACC","NYSE":"纽交所","LU1923621640.USD":"Natixis Thematics Water R/A USD","PNR":"滨特尔","LU2089279066.USD":"ALLIANZ GLOBAL WATER \"AT\" (USD) ACC","LU1596574779.USD":"BNP PARIBAS AQUA \"C\" (USDHDG) ACC"},"translate_title":"Pentair（纽约证券交易所股票代码：PNR）股东将获得比去年更大的股息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PNR":1,"NYSE":1},"content_text":"The board of Pentair plc (NYSE:PNR) has announced that the dividend on 7th of February will be increased to $0.25, which will be 8.7% higher than last year's payment of $0.23 which covered the same period. Even though the dividend went up, the yield is still quite low at only 0.9%. \n See our latest analysis for Pentair \nPentair's Payment Could Potentially Have Solid Earnings Coverage\n If it is predictable over a long period, even low dividend yields can be attractive. Before making this announcement, Pentair was easily earning enough to cover the dividend. This means that most of what the business earns is being used to help it grow. \n Over the next year, EPS is forecast to expand by 41.6%. If the dividend continues along recent trends, we estimate the payout ratio will be 16%, which is in the range that makes us comfortable with the sustainability of the dividend. \n\n\n\n  NYSE:PNR Historic Dividend December 20th 2024\n \n\nDividend Volatility\n The company has a long dividend track record, but it doesn't look great with cuts in the past. Since 2014, the annual payment back then was $1.00, compared to the most recent full-year payment of $0.92. The dividend has shrunk at a rate of less than 1% a year over this period. A company that decreases its dividend over time generally isn't what we are looking for. \nThe Dividend Looks Likely To Grow\n Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. Pentair has impressed us by growing EPS at 14% per year over the past five years. A low payout ratio and decent growth suggests that the company is reinvesting well, and it also has plenty of room to increase the dividend over time. \nWe Really Like Pentair's Dividend\n Overall, a dividend increase is always good, and we think that Pentair is a strong income stock thanks to its track record and growing earnings. Earnings are easily covering distributions, and the company is generating plenty of cash. Taking this all into consideration, this looks like it could be a good dividend opportunity. \n Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. For example, we've picked out 1 warning sign for Pentair that investors should know about before committing capital to this stock. Is Pentair not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks.  \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492445842"}