Watsco Inc (NYSE:WSO.B) Declares Quarterly Dividend of $1.60

Watsco Inc (NYSE:WSO.B) announced a quarterly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 1.60 per share by the construction company on Thursday, October 31st. This represents a $6.40 annualized dividend and a yield of 3.88%. The ex-dividend date is Friday, October 11th.

Shares of WSO.B opened at $165.00 on Thursday. The firm has a market capitalization of $6.28 billion, a price-to-earnings ratio of 25.74 and a beta of 0.82. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.25 and a current ratio of 2.92. Watsco has a one year low of $132.69 and a one year high of $173.05. The stock’s fifty day moving average is $163.86 and its 200-day moving average is $159.95.

Watsco (NYSE:WSO.B) last issued its quarterly earnings results on Thursday, July 18th. The construction company reported $2.40 EPS for the quarter. The company had revenue of $1.37 billion for the quarter. Watsco had a return on equity of 14.63% and a net margin of 5.17%.

About Watsco

Watsco, Inc, together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.

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Dividend History for Watsco (NYSE:WSO.B)

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