Jason Fieber, Mr. Free at 33

Undervalued Dividend Growth Stock of the Week: Pentair (PNR)

Not only has this company increased its dividend for the past 38 consecutive years, but over the last 10 years the dividend has increased at an annual rate of 9.1%. Furthermore, it maintains a rather low payout ratio of just 35.8% (so there’s plenty of room for future dividend increases). On top of all of this, shares appear to be trading at a possible 10% discount here…