Pentair Increases Quarterly Dividend From $0.25 To $0.27 Per Share; Announces $1B Share Repurchase Program

Increased cash dividend in 2026 represents Pentair's 50th consecutive year of annual dividend increases

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life's most essential resource, announced today that it will pay a regular quarterly cash dividend of $0.27 per share on February 6, 2026 to shareholders of record at the close of business on January 23, 2026. This $0.27 per share quarterly cash dividend, or $1.08 per share on an annualized basis, reflects an 8 percent increase in the company's regular cash dividend rate. 2026 will mark the 50th consecutive year that Pentair has increased its dividend.

In addition, the Company announced today that its Board of Directors has authorized a new share repurchase program for the Company to repurchase up to $1 billion of Pentair shares. The new authorization allows Pentair to commence share repurchases effective immediately and expires on December 31, 2028. Pentair intends to repurchase outstanding shares from time to time using cash flow generated from its operations and may repurchase shares through open market purchases, block trades or privately negotiated transactions or in any other manner. This new program supplements the prior authorization that expires December 31st, 2025 and under which $225 million remained available as of the date of the new authorization.