Pool Corporation (POOL) To Go Ex-Dividend on November 10th

Pool Corporation (NASDAQ:POOL) announced a quarterly dividend on Wednesday, October 28th. Shareholders of record on Wednesday, November 11th will be paid a dividend of $1.30 per share by the specialty retailer on Wednesday, November 25th. This represents a $5.20 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Tuesday, November 10th.

Pool has increased its dividend by an average of 0.2% annually over the last three years and has raised its dividend every year for the last 15 years. Pool has a payout ratio of 43.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Pool to earn $11.50 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 45.2%.

Pool Price Performance

NASDAQ POOL opened at $211.70 on Friday. The business’s fifty day moving average price is $177.55 and its 200-day moving average price is $201.65. The stock has a market capitalization of $7.56 billion, a price-to-earnings ratio of 19.48, a PEG ratio of 3.21 and a beta of 0.93. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.46 and a quick ratio of 0.86. Pool has a 1-year low of $152.70 and a 1-year high of $278.17.

Pool (NASDAQ:POOL) last issued its quarterly earnings data on Thursday, October 22nd. The specialty retailer reported $3.40 EPS for the quarter, topping the consensus estimate of $3.36 by $0.04. Pool had a return on equity of 33.50% and a net margin of 7.27%. The company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.48 billion. During the same quarter in the previous year, the company posted $3.39 earnings per share. Pool’s revenue was up 3.7% compared to the same quarter last year. On average, equities analysts predict that Pool will post 10.95 earnings per share for the current year.

About Pool

Pool Corporation, doing business as POOLCORP, is a wholesale distributor of swimming pool and outdoor living products. The company supplies pool contractors, retailers, builders, and service professionals with products used to construct, renovate, maintain, and enhance residential and commercial pools.

Its product offerings include swimming pool equipment, pumps, filters, heaters, cleaners, lighting, chemicals, replacement parts, and maintenance supplies. POOLCORP also distributes products for outdoor living, including patio and recreational items, as well as irrigation and landscape-related supplies in selected markets.

Founded in 1993 and headquartered in Covington, Louisiana, POOLCORP serves customers through a network of distribution centers and sales operations in the United States, Canada, Europe, and Australia.