nVent Announces Quarterly Cash Dividend | Business

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LONDON – (BUSINESS WIRE) – Sep 27, 2021–

nVent Electric plc (NYSE: NVT) announced today that it will pay a regular quarterly cash dividend of $ 0.175 per share on November 5, 2021 to shareholders of record as of the close of business on October 22, 2021.

nVent is one of the world’s leading providers of electrical connection and protection solutions. We believe that our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world’s most sensitive critical equipment, buildings and processes. We offer a full range of enclosures, electrical connections, fastening and thermal management solutions through industry-leading brands, recognized worldwide for their quality, reliability and innovation. Our main office is in London and our management office in the United States is in Minneapolis. Our strong portfolio of leading brands of electrical products dates back over 100 years and includes nVent CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF and TRACER.

nVent, CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF and TRACER are registered trademarks or licensed to nVent Services GmbH or its affiliates.

ATTENTION REGARDING FORWARD-LOOKING STATEMENTS

This press release contains statements that we consider to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Without limitation, all statements preceded or followed by or which include the words “targets”, “plans”, “believes”, “expects”, “intends”, “will”, “probably”, “Could”, “estimates”, “projects”, “forecasts”, “should”, “would”, “positioned”, “strategy”, “the future”, “are confident”, or words, phrases or terms of similar substance, or the negative thereof, are forward-looking statements. All projections contained in this press release are also forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or under- understood by these forward-looking statements. statements. These factors include negative effects on our business operations or financial results, particularly due to the impact of the COVID-19 pandemic and the potential impairment of goodwill and trade names; overall economic and business conditions impacting our business; the ability to obtain the benefits of our restructuring plans; the ability to successfully identify, finance, complete and integrate acquisitions; competition and pricing pressures in the markets we serve, including the impacts of tariffs; the strength of housing and related markets; volatility of exchange rates and commodity prices; failure to generate savings through excellent operational initiatives consisting of lean business practices, supply management and cash flow; the inability to mitigate inflation of materials and other costs; increased risks associated with the operation of foreign businesses; the ability to provide an order book and win future projects; the inability of markets to accept the introduction and improvements of new products; the impact of changes in laws and regulations, including those that limit US tax benefits; the outcome of litigation and government proceedings; and the ability to achieve our long-term strategic business objectives. Additional information regarding these and other factors is contained in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and our quarterly reports on Form 10-Q. All forward-looking statements speak only as of the date of this press release. nVent assumes no obligation, and disclaims any obligation, to update the information contained in this press release.

CONTACT: Investor contact

Vice-President, Investor Relations

Director, External Communications

KEYWORD: EUROPE UNITED STATES UNITED KINGDOM NORTH AMERICA MINNESOTA

INDUSTRY KEYWORD: SEMICONDUCTOR ENGINEERING SECURITY TECHNOLOGY MATERIAL MANUFACTURING

SOURCE: nVent Electric plc

Copyright Business Wire 2021.

PUB: 09/27/2021 17:57 / DISC: 09/27/2021 17:57

Copyright Business Wire 2021.


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