Pentair Just Paid Out: Is This Industrial Dividend Built to Last?

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Pentair (PNR) recently distributed its 50th consecutive annual dividend increase, with an 8.0% raise in 2026, surpassing larger dividend aristocrats like Johnson & Johnson and Procter & Gamble. Despite a modest 1.01% yield, Pentair’s dividend is highly sustainable, supported by an exceptionally low 20.2% payout ratio and free cash flow covering dividends 4.55 times. Wall Street analysts currently rate PNR as a “Buy” with an 11.4% upside, suggesting it is a “Growth Aristocrat” for long-term investors seeking both income growth and capital appreciation.

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