Watsco (WSO) Misses Q2 EPS by 23c; Announces 24% Dividend Hike
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UPDATE: Seaport Global Securities Downgrades Watsco (WSO) to Neutral
July 25, 2016 7:37 AM EDT(Updated - July 25, 2016 1:16 PM EDT)
Seaport Global Securities downgraded Watsco (NYSE: WSO) from Accumulate to Neutral with a price target of $150. The analyst's 2016-2017 EPS forecast was reduced to $5.27 and $5.95 from ($5.60 and $6.36) to reflect the weaker HVAC outlook.
"Over the... More
Watsco (WSO) Hikes Annual Dividend 24% to $4.20/Share
July 22, 2016 7:40 AM EDTWatsco (NYSE: WSO) announced that its Board of Directors has approved a 24% increase in its annual dividend to $4.20 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... More
