Watts Water Technologies, Inc. Increases Quarterly Dividend
May 09 2017 - 4:30PM
Business Wire
Watts Water Technologies, Inc. (NYSE: WTS) today announced an
increase in its quarterly dividend of 5.5%, or $0.01, to $0.19 per
share, on each outstanding share of the Company’s Class A and Class
B Common Stock. The dividend will be paid on June 16, 2017, to
stockholders of record at the close of business on June 2,
2017.
“This is the 5th consecutive year we have increased our
dividend,” said Robert J. Pagano, Jr., Watts’ Chief Executive
Officer and President. “The dividend is a part of our balanced
capital deployment strategy and a result of our strong cash flow
generation.”
Watts Water Technologies, Inc., through its family of companies,
is a global manufacturer headquartered in the USA that provides one
of the broadest plumbing, heating, and water quality product lines
in the world. Watts companies and brands offer innovative plumbing,
heating, and water quality solutions for commercial, residential,
and industrial applications. For more information, visit
www.wattswater.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170509006212/en/
Watts Water Technologies, Inc.Timothy MacPheeTreasurer, Vice
President Investor RelationsTelephone: (978) 689-6201Fax: (978)
794-0353
Watts Water Technologies (NYSE:WTS)
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