Pool Corporation Declares Quarterly Cash Dividend

Rhea-AI Summary

Pool Corporation (NASDAQ: POOL) declared a quarterly cash dividend of $1.00 per share, payable on November 23, 2022, to shareholders of record on November 10, 2022. Known as the world’s largest wholesale distributor of swimming pool and related products, Pool Corp operates approximately 415 sales centers across North America, Europe, and Australia, distributing over 200,000 products to around 120,000 wholesale customers.

Positive

• Quarterly cash dividend of $1.00 per share enhances shareholder income.
• The company operates 415 sales centers in multiple regions, indicating a strong operational footprint.

Negative

• Potential impact on cash reserves due to dividend disbursement.

COVINGTON, La., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq/GSM:POOL) announced today that its Board of Directors declared a quarterly cash dividend of $1.00 per share. The dividend will be payable on November 23, 2022, to holders of record on November 10, 2022.

Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 415 sales centers in North America, Europe and Australia through which it distributes more than 200,000 national brand and private label products to roughly 120,000 wholesale customers. For more information about POOLCORP, please visit www.poolcorp.com.

CONTACT:

Curtis J. Scheel
Director of Investor Relations
985.801.5341
curtis.scheel@poolcorp.com

FAQ

What is the dividend amount for Pool Corporation?

The dividend amount for Pool Corporation is $1.00 per share.

When is the dividend payable for Pool Corporation?

The dividend will be payable on November 23, 2022.

When do I need to own shares to get the dividend from Pool Corporation?

You must be a holder of record by November 10, 2022, to receive the dividend.

How often does Pool Corporation pay dividends?

Pool Corporation pays dividends quarterly.

Is the dividend from Pool Corporation sustainable?

The sustainability of dividends can depend on the company's earnings and cash flow.