SCHAFFHAUSEN, Switzerland - January 9, 2014 - Pentair Ltd. (NYSE: PNR) today announced that it will pay a regular quarterly cash dividend of $0.25 per share on February 7, 2014 to shareholders of record at the close of business on January 24, 2014. Pentair had previously announced on April 29, 2013 the approval by its shareholders of an ordinary cash dividend of $1.00 per share to be paid out of Pentair's capital contribution reserve in four equal quarterly installments of $0.25 in each of the third and fourth quarters of 2013 and the first and second quarters of 2014. Pentair has increased its dividend for 37 consecutive years.
Pentair paid dividends of $0.23 per share in each of the first and second quarters of 2013 and $0.25 per share in each of the third and fourth quarters of 2013.
About Pentair Ltd.
Pentair (www.pentair.com) delivers industry-leading products, services and solutions for its customers' diverse needs in water and other fluids, thermal management and equipment protection. With 2012 pro forma revenues of approximately $8 billion, Pentair employs more than 30,000 people worldwide.
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Pentair contacts:
Jim Lucas
Vice President, Investor Relations
Tel.: 763-656-5575
E-mail: jim.lucas@pentair.com
Rebecca Osborn
Senior Manager, External Communications
Tel.: 763-656-5589
Email: rebecca.osborn@pentair.com
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Source: Pentair Ltd via Globenewswire
HUG#1753756