nVent Announces Quarterly Cash Dividend | News

LONDON – (BUSINESS WIRE) – Sept. September 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 at close of business on October 22, 2021.

About nVent

nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a safer world. We develop, manufacture, market, install and service high-performance products and solutions that connect and protect some of the most sensitive devices, buildings and critical processes in the world. We offer a full line of enclosures, electrical connectors, and mounting and thermal management solutions for industry-leading brands known around the world for quality, reliability and innovation. Our headquarters are in London and our United States administrative office is in Minneapolis. Our robust portfolio of leading electrical product brands goes back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF and TRACER.

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

CAUTION ABOUT FORWARD LOOKING STATEMENTS

This press release contains statements that we believe are “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 that the words “goals”, “plan”, “believe”, “expect”, “intend”, “will”, “likely”, “may”, “expect”, “estimate”, ” Projects ”,“ forecasts ”,“ should ”,“ would ”,“ positioned ”,“ strategy ”,“ future ”,“ are confident ”or words, sentences or terms with similar content or their negatives are forward-looking statements. All of the forward-looking statements in this press release are 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 and which could cause actual results to differ materially from those expressed or implied in such forward-looking statements. These factors include adverse effects on our business operations or financial results, including due to the effects of the COVID-19 pandemic and possible harm to goodwill and trade names; general global economic and business conditions that affect our business; the ability to take advantage of our restructuring plans; the ability to successfully identify, fund, complete and integrate acquisitions; Competitive and price pressures in the markets we serve, including the effects of tariffs; the strength of the housing market and related markets; Volatility in exchange rates and commodity prices; Inability to generate savings through excellence in operational initiatives consisting of Lean Enterprise, Supply Management, and cash flow practices; Inability to mitigate material and other cost inflation; increased risks associated with operating foreign businesses; the ability to deliver backlog and attract future project work; Failure of markets to accept new product launches and improvements; the effects 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 operational goals. Additional information about these and other factors is included 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210927005833/en/

CONTACT: Investor contact

JC Weigelt

Vice President, Investor Relations

nVent

763.204.7750

JC.Weigelt@nVent.comMedia contact

Stacey Wempen

Director, External Communication

nVent

763.204.7857

Stacey.Wempen@nVent.com

KEYWORD: EUROPE UNITED STATES UNITED KINGDOM NORTH AMERICA MINNESOTA

INDUSTRY KEYWORD: SEMICONDUCTOR ENGINEERING SAFETY TECHNOLOGY MANUFACTURING HARDWARE

SOURCE: nVent Electric plc

Copyright Business Wire 2021.

PUB: 09/27/2021 5:57 PM / DISC: 09/27/2021 5:57 PM

http://www.businesswire.com/news/home/20210927005833/en

Copyright Business Wire 2021.