NYSE:WSOTrade Distributors
Assessing Watsco’s Valuation As A Higher Quarterly Dividend Signals Confidence In Cash Flows
Watsco (WSO) has put income back in focus after its Board approved a higher regular quarterly dividend of $3.30 per share, a 10% increase to an annual rate of $13.20.
See our latest analysis for Watsco.
The higher dividend comes as Watsco’s share price has gained momentum in recent weeks, with a 7 day share price return of 8.08% and a 30 day return of 11.05%. Yet the 1 year total shareholder return is still an 18.24% decline, compared with a 40.74% gain over three years and 65.00% over five...