Watsco (WSO) Declares $1.45 Quarterly Dividend; 3.3% Yield

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Go back to Watsco (WSO) Declares $1.45 Quarterly Dividend; 3.3% Yield

Watsco Declares $1.45 Quarterly Dividend

October 1, 2018 7:30 AM EDT

MIAMI, Oct. 01, 2018 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that its Board of Directors has declared a regular quarterly cash dividend of $1.45 on each outstanding share of its Common and Class B common stock. The cash dividend is payable on October 31, 2018 to shareholders of record at the close of business on October 15, 2018.

Watsco has paid dividends to shareholders for more than 40 consecutive years. The Companys philosophy is to share increasing amounts of cash flow through higher dividends while maintaining a conservative balance sheet with continued capacity... More