CFRA Downgrades Watsco (WSO) to Sell

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Go back to CFRA Downgrades Watsco (WSO) to Sell

Watsco Boosts Annual Dividend 10% to $10.80 Per Share

April 1, 2024 7:30 AM EDT

MIAMI, April 01, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc.s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $2.70 on each outstanding share of its Common and Class B common stock payable on April 30, 2024 to shareholders of record at the close of business on April 15, 2024.

Albert H. Nahmad, Watscos Chairman & CEO, stated: We are pleased to increase dividends to shareholders, reflecting our confidence in the prospects of our business, which is fundamentally supported by our strong balance sheet.

Watsco has paid dividends to... More