Pool Corp. (POOL) Raises Quarterly Dividend 19.4% to $0.37; Approves Additional $150M Buyback

Pool Corp. (NASDAQ: POOL) declared a quarterly dividend of $0.37 per share, or $1.48 annualized. This is a 19.4% increase from the prior dividend of $0.31.

The dividend will be payable on May 31, 2017, to stockholders of record on May 17, 2017, with an ex-dividend date of May 15, 2017.

The annual yield on the dividend is 1.2 percent.

Pool Corporation (NASDAQ: POOL) announced today that its Board of Directors has authorized an additional $150.0 million under its existing share repurchase program for the purchase of the Company’s common stock in the open market at prevailing market prices or in privately negotiated transactions. This amount adds to the $46.6 million remaining under our existing authorization, bringing our total authorization available to $196.6 million.

For a dividend history and other dividend-related data on Pool Corp. (POOL) click here.

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