Pool Corporation Raises Dividend to $1.25, Expands Buyback to $600 Million

Pool Corporation has increased its quarterly dividend by 4% to $1.25 per share and expanded its share repurchase program by $309.2 million, bringing the total authorized buyback to $600 million. These moves underscore the Board's ongoing commitment to returning capital to shareholders, marking the 20th consecutive quarterly dividend increase since 2004. The company has a longstanding record of dividend growth, having maintained payments for 22 consecutive years and raised them for 14 straight years. At its recent Annual Meeting, shareholders elected nine directors and ratified Ernst & Young LLP as the independent auditor for 2025. While analysts note challenges in revenue growth and profitability, optimism remains for a recovery later in the year, and the expanded buyback is considered timely with the stock trading near its 52-week low. Pool Corporation continues to emphasize innovation and customer experience across its 445 sales centers worldwide.