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Watsco’s Fourth Quarter EPS Jumps 24%, Setting New Records for Sales, Operating Profit, Net .
Watsco, Inc.February 11, 2021 GMT
Annual Records Achieved for EPS, Sales, Profitability and Cash Flow
10% Dividend Raise to $7.80 Following Record Performance
MIAMI, Feb. 11, 2021 (GLOBE NEWSWIRE) Watsco, Inc. (NYSE: WSO) reported record fourth quarter results. Watsco set new annual records for earnings per share (EPS), sales, operating income, net income and operating cash flow.
Watsco also announced that its Board of Directors approved a 10% increase in its annual dividend to $7.80 per share to be reflected in the Company’s next regular quarterly payment in April 2021.