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

Watsco Inc (NYSE:WSO.B) declared a quarterly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Tuesday, July 16th will be given a dividend of 1.60 per share by the construction company on Wednesday, July 31st. This represents a $6.40 annualized dividend and a dividend yield of 3.88%. The ex-dividend date of this dividend is Monday, July 15th.

NYSE WSO.B opened at $165.10 on Friday. The company has a 50 day simple moving average of $164.70. The company has a current ratio of 3.17, a quick ratio of 1.27 and a debt-to-equity ratio of 0.09. Watsco has a one year low of $132.69 and a one year high of $181.81. The stock has a market capitalization of $6.22 billion, a price-to-earnings ratio of 25.77 and a beta of 0.87.

Watsco (NYSE:WSO.B) last posted its quarterly earnings data on Tuesday, April 23rd. The construction company reported $0.88 EPS for the quarter. Watsco had a net margin of 5.21% and a return on equity of 14.69%. The business had revenue of $931.28 million during the quarter.

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.

Read More: What is a Special Dividend?

Dividend History for Watsco (NYSE:WSO.B)

Receive News & Ratings for Watsco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Watsco and related companies with MarketBeat.com's FREE daily email newsletter.