Watsco Boosts Annual Dividend by 21% to $3.40 Per Share

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Watsco (WSO) Misses Q3 EPS by 14c

October 27, 2015 8:26 AM EDT

Watsco (NYSE: WSO) reported Q3 EPS of $1.64, $0.14 worse than the analyst estimate of $1.78. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.2 billion.

Watsco sees FY2015 EPS of $4.85-$4.90, versus the consensus of $5.12.

For earnings history and earnings-related data on Watsco (WSO) click here.

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Watsco (WSO) Approves 21% Increase to Annual Dividend Payment

October 27, 2015 7:31 AM EDT

Watsco (NYSE: WSO) announced that its Board of Directors has approved a 21% increase in its annual dividend to $3.40 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Companys next regular dividend payment... More