BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Pentair Nears Elite Dividend King Status After 49 Years of Payout Growth
Pentair Nears Elite Dividend King Status After 49 Years of Payout Growth
11
3
BTCCSquare news:
Pentair stands one year away from joining the rarefied ranks of Dividend Kings, requiring half a century of consecutive dividend increases. Only 56 companies currently hold this distinction in global markets.
The water infrastructure specialist maintains a conservative 26.2% payout ratio alongside projected 10-12% earnings growth for 2025. This financial cushion virtually guarantees its imminent induction when the board approves next year's expected hike.
Market observers note such milestone achievements often trigger reevaluations by income-focused funds. "When companies cross this threshold, they effectively enter the dividend aristocracy," said one asset manager speaking anonymously about portfolio rebalancing considerations.
By:
