"PNR looks like a buy for dividend growth because it’s a water-treatment “dividend king” with 50 straight years of dividend increases, a low 27.3% payout ratio (headroom), durable margins (ROE ~20.1%, net margin ~14.5%), and PFAS-driven municipal CapEx plus filtration/pool replacement demand supporting mid-to-high single digit dividend growth, with the recent ~20% pullback making valuation (P/E ~18.4) reasonable versus its growth profile."
→ $130.006mo
"Time to buy this Dividend King."