Pool Corporation (POOL) will raise its quarterly dividend by 22.2 percent to $0.55 per share in the second quarter of 2019. POOL has now raised its dividend for 9 consecutive years.

The next dividend is payable on May 31, 2019 to stockholders of record on May 17, 2019. A new annualized rate of $2.20 per share yields 1.2%.

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.