This HVAC Company Has Raised Its Dividend 10%. Business Is Booming
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Watsco (WSO), a leading HVAC company, has raised its dividend by 10% to $3.30 per share, reflecting strong earnings and a commitment to returning value to shareholders. This marks the 13th consecutive year of dividend increases for the company, which has paid dividends for 52 years. The new dividend offers a yield of 3.63% and is payable to shareholders on April 30, with an ex-dividend date of April 16. WSO stock has risen 7% this year, driven by increased demand for its products, particularly in AI data centers.
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