Watsco (WSO) Declares $1.775 Quarterly Dividend; 4% Yield

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Go back to Watsco (WSO) Declares $1.775 Quarterly Dividend; 4% Yield

Watsco Declares $1.775 Quarterly Dividend

July 1, 2020 7:30 AM EDT

MIAMI, July 01, 2020 (GLOBE NEWSWIRE) -- Watsco, Inc.s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $1.775 on each outstanding share of its Common and Class B common stock payable on July 31, 2020 to shareholders of record at the close of business on July 16, 2020.

Watsco has paid dividends for 46 consecutive years. The Companys philosophy is to share increasing amounts of cash flow with shareholders through higher dividends while maintaining a conservative financial position. Future dividends will be considered in light of investment opportunities, cash flow, general... More