Pentair plc. (NYSE:PNR) will begin trading ex-dividend on October 22, 2020. The quarterly dividend payment of $ 0.19 per share is scheduled to be paid on November 6, 2020. The dividend yield based on the latest trading day closing price was 1.53 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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Pentair plc. recently reported second quarter financial results on July 23, 2020, before market open, manufacturer of industrial equipments disclosed income for the second quarter of $ 0.59 per share, from the revenue of $ 713.30 million. The quarterly earnings down 14.49 percent while revenues decreased 10.78 percent compared with the same quarter last year.
Street analysts expected Pentair plc. recently reported second quarter financial results on July 23, 2020, before market open, manufacturer of industrial equipments to report income of $ 0.49 per share on revenue of $ 684.08 million for the second quarter. The bottom line results beat street analysts by $ 0.1 or 20.41 percent, at the same time, top line results outshined analysts by $ 29.22 million or 4.27 percent.
Stock Performance
Shares of Pentair plc. traded up $ 0.34 or 0.69 percent on Thursday, reaching $ 49.78 with volume of 954.80 thousand shares. Pentair plc. has traded high as $ 49.81 and has cracked $ 48.76 on the downward trend
According to the previous trading day, closing price of $ 49.78, representing a 124.63 % increase from the 52 week low of $ 22.01 and a 2.14 % decrease over the 52 week high of $ 50.52.
The company has a market capital of $ 8.26 billion and is part of the Industrials sector and Diversified Industrials industry.
Pentair plc provides various smart water solutions worldwide. It operates through three segments: Aquatic Systems, Filtration Solutions, and Flow Technologies. The Aquatic Systems segment manufactures and sells residential and commercial pool equipment and accessories, including pumps, filters, heaters, lights, automatic controls, automatic cleaners, maintenance equipment, and pool accessories for residential and commercial pool maintenance, pool repair, renovation, service and construction, and aquaculture solution applications.
