Rhea-AI Summary
Watsco, Inc. (NYSE: WSO) has declared a quarterly cash dividend of $1.775 per share, payable on July 31, 2020, to shareholders of record by July 16, 2020. The company has maintained a steady dividend payment for 46 consecutive years, reflecting its commitment to returning cash flow to shareholders while ensuring a conservative financial approach. Watsco operates as the largest distributor of HVAC/R products across North America and has opportunities to enhance energy efficiency in homes, which is significant as heating and cooling represent a large portion of energy consumption.
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FAQ
What is the current stock price of Watsco (WSO.B)?
Watsco (WSO.B) last closed at $303.30.
What is the market cap of Watsco (WSO.B)?
The market cap of Watsco (WSO.B) is approximately $12.6B.