Pool Corporation (NASDAQ:POOL) to Issue $1.30 Quarterly Dividend

Pool Corporation (NASDAQ:POOL) declared a quarterly dividend on Wednesday, July 29th. Investors 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 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 annually for the last 15 consecutive years. Pool has a dividend payout ratio of 43.6% indicating that its dividend is sufficiently covered by earnings. Equities 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 Price Performance

Shares of NASDAQ:POOL opened at $193.45 on Thursday. Pool has a 12 month low of $172.68 and a 12 month high of $336.15. The firm has a market capitalization of $7.05 billion, a P/E ratio of 17.80, a P/E/G ratio of 2.60 and a beta of 1.05. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.67 and a quick ratio of 0.91. The company’s fifty day moving average price is $196.67 and its 200 day moving average price is $215.07.

Pool (NASDAQ:POOL) last released its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $5.38 earnings per share for the quarter, topping analysts’ consensus estimates of $5.33 by $0.05. The business had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Pool had a return on equity of 32.74% and a net margin of 7.40%.The company’s revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.17 EPS. Pool has set its FY 2026 guidance at 10.660-10.960 EPS. As a group, sell-side analysts predict that Pool will post 10.95 earnings per share for the current fiscal year.

Pool declared that its board has authorized a stock buyback plan on Wednesday, April 29th that allows the company to buyback $600.00 million in outstanding shares. This buyback authorization allows the specialty retailer to reacquire up to 7.8% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Pool Company Profile

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.