This week, fluid and thermal management company Pentair Ltd (PNR) announced that shareholders approved the board of directors’ proposal to increase the per share dividend by 25%, beginning with the next payout in the 3rd quarter of 2014. Pentair will pay $1.20 per share over the next four quarters (3rd and 4th quarters of 2014 and the 1st and 2nd quarters of 2015) in equal installments of 30 cents per share. This is an increase of 6 cents per share, or 25%, in each quarter. Pentair paid
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