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NEW YORK ( TheStreet) -- The ex-dividend date for Pentair (NYSE: PNR) is tomorrow, October 26, 2011. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $37.04 as of 9:31 a.m. ET, the dividend yield is 2.2%. The average volume for Pentair has been 885,900 shares per day over the past 30 days. Pentair has a market cap of $3.6 billion and is part of the industrial goods sector and industrial industry. Shares are up 2.7% 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 16.4, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.