WSOSeeking AlphaWatsco: A Great Opportunity For Long-Term Dividend Growth Investors
Watsco, Inc. is an American distributor of air conditioning, heating, and refrigeration equipment, as well as related parts and supplies. Watsco has increased its dividend for 13 consecutive years. Its 10-year dividend growth rate of 15.4% is impressive. Watsco has a stellar balance sheet. The company has no long-term debt. Moreover, it ended last fiscal year with nearly $800 million in cash.
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