Pentair Names Cassidy President, Valves & Controls
Pentair plc (NYSE: PNR) announced today that it has named Dennis Cassidy as president of its Valves & Controls segment (V&C) and an officer of the company, effective April 11. Cassidy joins Pentair with more than 20 years of industry experience with a primary focus on leading strategy-based transformation programs for global oil, gas, and chemical companies.
Pentair Announces Quarterly Cash Dividen
Pentair plc today announced that it will pay a regular quarterly cash dividend of $0.32 per share on August 7, 2015 to shareholders of record at the close of business on July 24, 2015. Pentair had previously announced on December 10, 2014 the approval by its Board of Directors of an annual cash dividend rate of $1.28 per share, payable in four equal quarterly installments in 2015.
Quarterly Cash Dividend from Pentair
Pentair plc today announced that it will pay a regular quarterly cash dividend of $0.32 per share on May 8, 2015 to shareholders of record at the close of business on April 24, 2015. Pentair had previously announced on December 10, 2014 the approval by its Board of Directors an annual cash dividend of $1.28 per share, payable in four equal quarterly installments in 2015.
EPA Award for Pentair
The U.S. Environmental Protection Agency (EPA) has recognized Pentair's Aquatic Systems with a 2015 ENERGY STAR Partner of the Year award for its outstanding contribution to reducing greenhouse gas emissions by manufacturing energy-efficient products and educating consumers about energy efficiency. Pentair's accomplishments will be recognized in Washington, D.C. on April 20, 2015.
Pentair Reports 3Q 2014 Sales of $1.8 bi
Pentair plc today announced third quarter 2014 sales of $1.8 billion. Sales were up 3 percent compared to sales for the same period last year. Third quarter 2014 earnings per diluted share from continuing operations ("EPS") were $1.00, up 22 percent from adjusted EPS of $0.82 in the third quarter of last year. On a GAAP basis, the company reported EPS of $0.81 in the third quarter of 2013.
Pentair plc 2Q 2014 Sales at $1.9 bi, Down 3%
Pentair plc today announced second quarter 2014 sales of $1.9 billion. Sales were down 3 percent compared to sales for the same period last year. Adjusted second quarter 2014 earnings per diluted share were $1.04, up 13 percent from adjusted EPS of $0.92 in the second quarter of last year. On a GAAP basis, the company reported EPS of $0.82 compared to EPS of $0.75 in the second quarter of 2013.
