Bulletin
Investor Alert

Market Pulse Archives

May 3, 2018, 12:25 p.m. EDT

Pool Corp raises quarterly dividend 22% to 45 cents a share, boosts share buyback program

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Pool Corp. (POOL)
  • X
    S&P 500 Index (SPX)

or Cancel Already have a watchlist? Log In

By Ciara Linnane

Pool Corp. /zigman2/quotes/200443753/composite POOL -0.40% said Thursday it is raising its quarterly cash dividend by 22% to 45 cents a share. The new dividend will be payable June 1 to shareholders of record as of May 18. The distributor of swimming pools and related equipment said it is adding $200 million to its outstanding share buyback program of $36.7 million. Shares were up 1.7%, and have gained 17% in the last 12 months, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.78% has gained 9%.

/zigman2/quotes/200443753/composite
US : U.S.: Nasdaq
$ 270.80
-1.09 -0.40%
Volume: 392,492
July 8, 2020 4:00p
P/E Ratio
42.60
Dividend Yield
0.86%
Market Cap
$10.86 billion
Rev. per Employee
$749,524
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,169.94
+24.62 +0.78%
Volume: 2.39B
July 8, 2020 4:58p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.