Pool Corporation (NASDAQ:POOL – Get Free Report) declared a quarterly dividend on Wednesday, July 29th. Stockholders of record on Thursday, August 13th will be paid a dividend of 1.30 per share by the specialty retailer on Thursday, August 27th. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, August 13th.
Pool has raised its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend every year for the last 15 years. Pool has a dividend payout ratio of 43.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Pool to earn $11.85 per share next year, which means the company should continue to be able to cover its $5.20 annual dividend with an expected future payout ratio of 43.9%.
Pool Stock Performance
Shares of POOL opened at $190.68 on Friday. The company has a current ratio of 2.67, a quick ratio of 0.91 and a debt-to-equity ratio of 1.05. The firm has a market cap of $6.95 billion, a PE ratio of 17.54, a P/E/G ratio of 2.62 and a beta of 1.05. Pool has a 12 month low of $172.68 and a 12 month high of $336.15. The stock has a fifty day moving average price of $196.85 and a 200-day moving average price of $214.64.
About Pool
Pool Corporation is a leading wholesale distributor of swimming pool supplies, equipment, and related outdoor living products. Headquartered in Covington, Louisiana, the company serves a diverse customer base that includes service professionals, independent retailers, high-volume builders, and national retail chains. Pool Corporation’s extensive branch network enables it to maintain strong local customer relationships while leveraging its scale to source products efficiently from manufacturers around the world.
The company’s product portfolio spans pool and spa chemicals, water treatment equipment, pumps, filters, heaters, automation and control systems, liners, safety covers, and cleaning accessories.
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