Watsco, Inc. (WSO) Declares $0.60 Quarterly Dividend; 2.3% Yield

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Go back to Watsco, Inc. (WSO) Declares $0.60 Quarterly Dividend; 2.3% Yield

Watsco (WSO) Takes Additional 10% Stake in JV with Carrier Enterprise

July 3, 2014 9:05 AM EDT

Watsco (NYSE: WSO) has acquired an additional 10% ownership interest in Carrier Enterprise LLC, a joint venture with Carrier Corporation, a part of UTC Building & Industrial Systems, a unit of United Technologies Corp. The transaction raises Watscos ownership stake to 80%. Consideration for the purchase was approximately $90 million and... More