20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
At the end of today, November 03, 2023, Pentair (NYSE:PNR) will distribute a dividend payout of $0.22 per share, translating to an annualized dividend yield of 1.32%. Shareholders who held the stock before the ex-dividend date on October 19, 2023 will benefit from this payout.
Pentair Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-10-19 | 4 | $0.22 | 1.32% | 2023-09-18 | 2023-10-20 | 2023-11-03 |
| 2023-07-20 | 4 | $0.22 | 1.52% | 2023-05-08 | 2023-07-21 | 2023-08-04 |
| 2023-04-20 | 4 | $0.22 | 1.55% | 2023-02-20 | 2023-04-21 | 2023-05-05 |
| 2023-01-19 | 4 | $0.22 | 1.95% | 2022-12-12 | 2023-01-20 | 2023-02-03 |
| 2022-10-20 | 4 | $0.21 | 1.96% | 2022-09-19 | 2022-10-21 | 2022-11-04 |
| 2022-07-21 | 4 | $0.21 | 1.68% | 2022-05-16 | 2022-07-22 | 2022-08-05 |
| 2022-04-21 | 4 | $0.21 | 1.45% | 2022-02-21 | 2022-04-22 | 2022-05-06 |
| 2022-01-20 | 4 | $0.21 | 1.14% | 2021-12-07 | 2022-01-21 | 2022-02-04 |
| 2021-10-21 | 4 | $0.2 | 1.06% | 2021-09-21 | 2021-10-22 | 2021-11-05 |
| 2021-07-22 | 4 | $0.2 | 1.22% | 2021-05-04 | 2021-07-23 | 2021-08-06 |
| 2021-04-22 | 4 | $0.2 | 1.49% | 2021-02-16 | 2021-04-23 | 2021-05-07 |
| 2021-01-21 | 4 | $0.2 | 1.57% | 2020-12-08 | 2021-01-22 | 2021-02-05 |
With a dividend yield that places it neither at the top nor the bottom, Pentair finds itself in the middle among its industry peers, while Stanley Black & Decker (NYSE:SWK) boasts the highest annualized dividend yield at 3.74%.
Analyzing Pentair Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.73 to $0.85. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Pentair
The earnings chart illustrates an increase in Pentair's earnings per share, from $2.30 in 2019 to $3.73 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
In this article, we delve into Pentair's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.22 per share today, resulting in an annualized dividend yield of 1.32%.
With a dividend yield that places it neither at the top nor the bottom, Pentair finds itself in the middle among its industry peers, while Stanley Black & Decker boasts the highest annualized dividend yield at 3.74%.
The increase in both dividend per share and earnings per share from 2019 to 2022 for Pentair indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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