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Watsco - WSO STOCK NEWS

Welcome to our dedicated page for Watsco news (Ticker: WSO), a resource for investors and traders seeking the latest updates and insights on Watsco stock.

Watsco Inc. (NYSE: WSO) maintains North America's largest HVAC/R distribution network, serving contractors across residential and commercial markets. This news hub provides investors and industry professionals with direct access to official corporate announcements and market developments.

Track critical updates including quarterly earnings disclosures, strategic partnerships, and product line expansions. Our curated feed ensures timely access to operational milestones, leadership changes, and regulatory compliance information relevant to the HVAC distribution sector.

Key focus areas include supply chain innovations, sustainability initiatives, and technology adoption within Watsco's contractor network. Bookmark this page for efficient monitoring of inventory management advancements and market share developments across the company's 675+ locations.

Rhea-AI Summary
Watsco, Inc. (WSO) disclosed that Barry Logan, Executive VP, will speak at J.P. Morgan's 2024 Industrials Conference on March 12, 2024. The presentation will be webcasted live on Watsco's website.
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Watsco, Inc. (NYSE: WSO) reported strong financial results for Q4 and full year 2023, showcasing an entrepreneurial culture, transformational technologies, and a robust financial position. Despite softer market conditions in 2023, Watsco's performance remained solid, with a 1% sales growth in Q4, a record $299 million in operating cash flow, and a 10% annual dividend increase to $10.80 per share. The company's focus on innovation, technology, and efficiency, along with its 50th consecutive year of paying dividends, positions it well for future growth in the HVAC/R distribution market.
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Watsco, Inc. (NYSE:WSO) has approved a 10% increase in its annual dividend to $10.80 per share, reflecting the company's strong 2023 performance and confidence in its business prospects. With a history of 50 consecutive years of paying dividends, Watsco aims to share increasing cash flow through higher dividends while maintaining a strong balance sheet.
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Watsco, Inc. (WSO) will host a conference call to discuss its 2023 fourth quarter and annual financial results. The company operates the largest distribution network for HVAC/R products in the US, Canada, Mexico, and Puerto Rico, and has the potential to significantly contribute to climate change efforts. Estimates show that Watsco averted 19.2 million metric tons of CO2e emissions from 2020 to 2023 through the sale of replacement HVAC systems at higher efficiency standards.
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Watsco, Inc. (NYSE: WSO) declares a regular quarterly cash dividend of $2.45 per share, marking their 50th consecutive year of paying dividends. Dividends have grown at a compounded annual growth rate of 21% since 1989. Chairman and CEO Albert H. Nahmad emphasizes the company's strong track record of growth and commitment to maintaining a conservative balance sheet.
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Watsco, Inc. (NYSE: WSO) to Present at Stephens Annual Investment Conference in Nashville, Tennessee
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Watsco, Inc. announces record-breaking sales, operating income, net income, and EPS for the third quarter and nine-month period of 2023. The company also highlights improved productivity, efficiency, and a strong balance sheet.
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Watsco, Inc. to host conference call for Q3 2023 financial results
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Watsco, Inc. declares a quarterly cash dividend of $2.45 per share, marking the 49th consecutive year of paying dividends. The company has shown consistent performance with revenue and operating income growing at CAGRs of 15% and 19% respectively. Watsco maintains a conservative balance sheet and strong cash flow.
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Watsco, Inc. executive to speak at Morgan Stanley conference
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Watsco

NYSE:WSO

WSO Rankings

WSO Stock Data

20.47B
35.06M
0.39%
105.17%
5.98%
Industrial Distribution
Wholesale-hardware & Plumbing & Heating Equipment & Supplies
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United States
COCONUT GROVE