NEW YORK (

TheStreet

) -- The ex-dividend date for

Pentair

(NYSE:

PNR

) is tomorrow, January 25, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $36.73 as of 9:30 a.m. ET, the dividend yield is 2.4%.

The average volume for Pentair has been 747,800 shares per day over the past 30 days. Pentair has a market cap of $3.67 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 11% 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 for use in the movement, storage, treatment, and enjoyment of water. The company has a P/E ratio of 17.1, below the average industrial industry P/E ratio of 17.2 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Pentair as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Pentair Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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