NEW YORK (
) -- The ex-dividend date for
) is tomorrow, July 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $38.61 as of 9:32 a.m. ET, the dividend yield is 2%.
The average volume for Pentair has been 620,400 shares per day over the past 30 days. Pentair has a market cap of $4 billion and is part of the
industry. Shares are up 11.6% year to date as of the close of trading on Monday.
Pentair, Inc. operates as a diversified industrial manufacturing company worldwide. The company's Water segment offers products and systems that are used in the movement, storage, treatment, and enjoyment of water. The company has a P/E ratio of 18.7, below the average industrial industry P/E ratio of 18.9 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Pentair as a
. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full