Pool Corp. (POOL) Raises Quarterly Dividend 21.6% to $0.45; Approves $200M Buyback

Pool Corp. (NASDAQ: POOL) declared a quarterly dividend of $0.45 per share, or $1.8 annualized. This is a 21.6% increase from the prior dividend of $0.37.

The dividend will be payable on June 1, 2018, to stockholders of record on May 18, 2018, with an ex-dividend date of May 17, 2018.

The annual yield on the dividend is 1.3 percent.

(the Board) has authorized an additional $200.0 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 $36.7 million remaining under its existing authorization as of May 2, 2018, bringing its total authorization available to $236.7 million.

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

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