nVent Electric Announces 5.3% Dividend Increase for 2025

nVent Electric (NVT), a global provider of electrical connection and protection solutions, has announced a 5.3% increase to its quarterly dividend, raising it to $0.20 per share. At the current stock price of $72.50, this results in a dividend yield of 1.06%. The company’s annual dividend payout is now estimated at $133 million.

The next dividend will be paid on February 7, 2025, to shareholders of record as of January 17, 2025. This latest increase follows an 8.6% dividend hike in the previous year, demonstrating the company’s ongoing commitment to returning value to shareholders.

About nVent Electric

nVent Electric, headquartered in London, designs and manufactures innovative solutions that connect and protect critical electrical systems. Its products serve a wide range of industries, including energy, infrastructure, industrial, and commercial sectors. The company’s focus on reliability, efficiency, and safety has established it as a trusted partner in the electrical solutions market.

nVent continues to emphasize growth through operational excellence, product innovation, and strategic investments, supporting its financial strength and ability to reward shareholders.

Key Highlights of NVT’s Dividend History

• 5.3% Increase in 2024: The quarterly dividend rises to $0.20 per share, reflecting consistent, measured growth.

• Dividend Yield: The current dividend yield stands at 1.06% based on a stock price of $72.50.

• Annual Payout: nVent is estimated to pay $133 million annually in dividends.

• Last Year’s Increase: The company raised its dividend by 8.6% in 2023, signaling a pattern of reliable dividend growth.

• Upcoming Payment: The next dividend is scheduled for February 7, 2025, with a record date of January 17, 2025.

nVent Electric’s steady dividend increases reflect its strong financial performance and disciplined capital allocation. The company’s ability to grow payouts while maintaining operational excellence underscores its commitment to long-term shareholder value.