Watsco (WSO) Declares $0.70 Quarterly Dividend; 2.3% Yield

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Watsco Declares 160th Consecutive Quarterly Dividend

July 1, 2015 7:30 AM EDT

MIAMI--(BUSINESS WIRE)-- Watsco, Inc. (NYSE: WSO) (PARIS: WSO) announced today that its Board of Directors has declared a regular quarterly cash dividend of 70 cents on each outstanding share of its Common and Class B common stock. This represents a 17% increase in the quarterly dividend rate versus a year ago.

This marks the 160th consecutive quarterly dividend to be paid by Watsco since 1975. The cash dividend is payable on July 31, 2015 to... More