Pool Corporation (POOL) will raise its quarterly dividend by 21.6 percent to $0.45 per share in the second quarter of 2018. The new dividend yield for the swimming pool supplies company is 1.3%.
The next dividend is payable on June 1, 2018 to stockholders of record on May 18, 2018. As of May 2, 2018. POOL has now raised its dividend for 8 consecutive years.
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.