Pentair Announces Quarterly Cash Dividend

LONDON, United Kingdom - May 8, 2018 - Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.175 per share on August 3, 2018 to shareholders of record at the close of business on July 20, 2018. 2018 marks the 42nd consecutive year that Pentair has increased its dividend, as adjusted for the spin-off of nVent Electric plc.

ABOUT PENTAIR

At Pentair, we believe the health of our world depends on reliable access to clean water. We deliver a comprehensive range of smart, sustainable water solutions to homes, business and industry around the world. Our industry leading and proven portfolio of solutions enables our customers to access clean, safe water, reduce water consumption, and recover and reuse it.  Whether it's improving, moving or helping people enjoy water, we help manage the world's most precious resource.

With approximately 130 locations in 34 countries and 10,000 employees, we believe that the future of water depends on us. Our 2017 revenue was $2.8 billion, and we trade under the ticker symbol PNR. To learn more, visit Pentair.com.

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Pentair Contacts:
Jim Lucas                                                            
Senior Vice President, Investor Relations and Treasurer                           
Tel: 763-656-5575                                                                
E-mail: [email protected]

Rebecca Osborn
Senior Manager, External Communications
Tel: 763-656-5589
Email: [email protected]

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