Pool Corporation (POOL) will raise its quarterly dividend by 19.2 percent to $0.31 per share in 2016. This follows a dividend hike of 18.2 percent by the company in the previous year.
Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company's customers include swimming pool remodelers and builders; specialty retailers that sell swimming pool supplies; swimming pool repair and service businesses; irrigation construction and landscape maintenance contractors, and golf courses and other commercial customers.