Pentair is a leading water treatment company with $3 billion in annual revenues. The company provides a wide range of sustainable water solutions to homes, businesses, and industries around the world. By verticals, the residential segment accounted for nearly 56% of Pentair’s total revenues in 2018, followed by industrial (23%) and commercial (21%). The company operates from 110 locations in 30 countries. The U.S. comprises more than 60% of Pentair’s total revenues with developing, Western Europe and other developed nations accounting for the remaining sales. Pentair reports the performance of its business in three segments - aquatic systems (35% of 2018 revenue), filtration solutions (34%), and flow technologies (31%). It offers a wide range of products including pool & spa equipment, filtration, residential water treatment, tanks, systems and valves, water disposal pumps, accessories, etc. The company has paid and increased its dividends for over 40 consecutive years.
The S&P500 Dividend Aristocrats is the best list for filtering dividend stocks. This should be your starting point to create your core portfolio. Why should it be part of your core portfolio? It’s simple, the companies in the list must … Read more
Comparing dividend stocks by sector is an important step in my stock selection process. As your portfolio grows, you should have more than one dividend stock per sector to limit your exposure. As you get ready to invest more money … Read more