Watsco (WSO) Declares $1.60 Quarterly Dividend; 3.9% Yield
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Watsco Declares $1.60 Quarterly Dividend
July 1, 2019 7:30 AM EDTMIAMI, July 01, 2019 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that its Board of Directors has declared a regular quarterly cash dividend of $1.60 on each outstanding share of its Common and Class B common stock. The cash dividend is payable on July 31, 2019 to shareholders of record at the close of business on July 16, 2019.
Watsco has paid dividends to shareholders for 45 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 to build... More
