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Stock impact report

Watsco Reports Record Annual Results and 11% Dividend Raise to $7.10 Per Share

Watsco, Inc. (WSO) 
Last watsco, inc. earnings: 4/23 07:30 am Check Earnings Report
US:NYSE Investor Relations: watsco.com
Company Research Source: GlobeNewswire
MIAMI, Feb. 13, 2020 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) reported its annual and fourth quarter 2019 results. The Company achieved record results in annual sales, net income attributable to Watsco, earnings per share (EPS) and operating cash flow. Watsco also announced today that its Board of Directors approved an 11% increase in its annual dividend to $7.10 per share to be reflected in the Company’s next regular quarterly dividend payment in April 2020. Watsco continues to invest in its industry-leading technology platforms designed to revolutionize its customer-experience and further enhance its offerings to HVAC/R contractors. The Company believes the pace of innovation and adoption of technology is accelerating and its customer-focused solutions, scale and leadership position provides significant long-term value. To date, nearly 20,000 customers have embraced Watsco’s technology solutions and the Company has intensified its effort to add functionality and drive wides Show less Read more
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