Watsco Inc (WSO.B) to Issue Quarterly Dividend of $2.70 on April 30th

Watsco Inc (NYSE:WSO.BGet Free Report) declared a quarterly dividend on Monday, April 1st, Zacks reports. Shareholders of record on Monday, April 15th will be paid a dividend of 2.70 per share by the construction company on Tuesday, April 30th. This represents a $10.80 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend is Friday, April 12th. This is a boost from Watsco’s previous quarterly dividend of $2.45.

Watsco Stock Performance

Shares of NYSE WSO.B opened at $430.55 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.36 and a quick ratio of 1.47. The stock’s fifty day moving average price is $396.83 and its two-hundred day moving average price is $389.66. Watsco has a one year low of $301.95 and a one year high of $429.35. The firm has a market cap of $17.01 billion, a price-to-earnings ratio of 31.52 and a beta of 0.60.

Watsco (NYSE:WSO.BGet Free Report) last issued its quarterly earnings data on Tuesday, February 13th. The construction company reported $2.06 EPS for the quarter, missing analysts’ consensus estimates of $2.42 by ($0.36). Watsco had a net margin of 7.36% and a return on equity of 21.36%. The firm had revenue of $1.60 billion during the quarter.

About Watsco

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Watsco, Inc, together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.

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Dividend History for Watsco (NYSE:WSO.B)

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