Watsco (WSO) Raises Quarterly Dividend 10.3% to $1.60; 4.6% Yield
Get Alerts WSO Hot Sheet
Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 2.4%
Revenue Growth %: +3.9%
Join SI Premium – FREE
Watsco (NYSE: WSO) declared a quarterly dividend of $1.60 per share, or $6.4 annualized. This is a 10.3% increase from the prior dividend of $1.45. The dividend will be payable on January 31, 2019, to stockholders of record on January 16, 2019, with an ex-dividend date of January 15, 2019. The annual yield on the dividend is 4.6 percent.
Albert H. Nahmad, Watsco’s Chairman & CEO stated: “We are pleased to be able to increase dividends to our shareholders. This latest increase reflects our confidence in the business and is supported by our continued cash flow and strong balance sheet.”
For a dividend history and other dividend-related data on Watsco (WSO) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Southern Michigan Bancorp (SOMC) Raises Quarterly Dividend 7.1% to $0.15; 3.4% Yield
- The Buckle (BKE) Declares $0.35 Quarterly Dividend; 3.7% Yield
- Kimberly-Clark (KMB) Unveils Next Chapter of Strategic Transformation
Create E-mail Alert Related Categories
Dividend Hike, Dividends, Management CommentsRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!