This water solutions company offers more than just a reliable dividend.
What's the hardest club for a dividend stock to join? The Dividend Kings . To become a member, a stock must have increased its dividend for 50 consecutive years. That's a tall task.
Of the thousands of dividend stocks on the market, only 56 qualify as Dividend Kings right now. However, one stock is knocking on the door.
Getting close
Pentair ( PNR 0.77% ) isn't a Dividend King yet. But it's getting close. The water solutions company has increased its dividend for 49 consecutive years. Unless that impressive streak is broken next year, Pentair is on track to become the next Dividend King.
What are the chances that Pentair will be able to raise its dividend again in 2026? Very good. The company's management