HVAC distributor Watsco (WSO - Get Report) may attract industry attention by being the biggest player in its field, but the company keeps investors satiated with a 3.6% dividend yield -- one that just got bumped up thanks to an 8.3% increase.Watsco has built a consistent track record of acquiring strong local distributors to increase the size of its network of heating, ventilating and air conditioning operations for the past decade. And although stiff competition from less-segmented brands have put the squeeze on Watsco's margins, new EPA regulations could push the company on the path to higher profitability.
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