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Stock impact report

Watsco: An Undervalued HVAC/R Player With Double-Digit Dividend Growth [Seeking Alpha]

Watsco, Inc. (WSO) 
Last watsco, inc. earnings: 4/23 07:30 am Check Earnings Report
US:NYSE Investor Relations: watsco.com
Company Research Source: Seeking Alpha
Watsco has increased its dividend for 13 consecutive years. Its 10-year dividend growth rate is 15.4%, which is fantastic. Watsco has a stellar balance sheet. The company has no long-term debt. Furthermore, it ended last fiscal year with nearly $800 million in cash. alacatr/iStock via Getty Images Watsco Inc. ( WSO is an American distributor of air conditioning, heating, and refrigeration equipment, as well as related parts and supplies. Founded in 1956, Watsco is now a $17 billion (by market cap) distribution giant that employs approximately 7,000 people. This is the largest This article was written by Quick Insights WSO routinely pays out nearly all net income as dividends, pushing the payout ratio to 100%, but its strong cash position and owner-operator alignment support ongoing dividend safety. WSO is poised to benefit from pent-up US housing demand and a replacement cycle for aging HVAC systems, though interest rates, economic cycles, and succession planning remain Show less Read more
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