Watsco Announces Highly Anticipated Date for Dividend Declaration

Monday, 1 April 2024, 11:41

In a significant move, Watsco (WSO) has declared a substantial increase in its quarterly dividend to $2.70/share, up by 10.2% when compared to the previous figure of $2.45. With a forward yield of 2.5%, this update is set to impact investors and market followers. The payable date set for April 30 adds to the anticipation in the financial domain.

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Overview

Watsco, a key player in the market, has made waves with its recent dividend announcement.

Key Details:

Dividend Increase: The company is set to offer a higher payout of $2.70/share, marking a 10.2% growth.
Forward Yield: Investors can expect a yield of 2.5% on this revised dividend.
Payment Date: The dividend is payable on April 30, creating a buzz among stakeholders.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Overview

Key Details:

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