Pool Corp. (POOL) Declares $0.45 Quarterly Dividend, 1.2% Yield; Appoints Debra Oler to Board
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Pool Corp. (NASDAQ: POOL) declared a quarterly dividend of $0.45 per share, or $1.8 annualized.
The dividend will be payable on November 29, 2018, to stockholders of record on November 15, 2018, with an ex-dividend date of November 14, 2018.
The annual yield on the dividend is 1.2 percent.
Director Appointment
Additionally, Pool Corporation announced that on October 30, 2018, its Board increased its size to eight members. Upon recommendation of the Nominating and Corporate Governance Committee, the Board appointed Debra S. Oler to serve as a director effective October 30, 2018, until the 2019 annual meeting of shareholders, at which time she will stand for election by Pool Corporation’s shareholders. Ms. Oler currently serves W.W. Grainger, Inc. as Senior Vice President/President, North American Sales and Service.
John E. Stokely, Chairman of the Board, commented, “Ms. Oler’s extensive distribution industry and organizational management experience complements the skills and backgrounds of our board members. We look forward to gaining her insights as we make decisions in the best interests of Pool Corporation and its shareholders.”
For a dividend history and other dividend-related data on Pool Corp. (POOL) click here.
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