Watsco (WSO) Declares $2.20 Quarterly Dividend; 3.7% Yield

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Go back to Watsco (WSO) Declares $2.20 Quarterly Dividend; 3.7% Yield

Watsco Declares $2.20 Quarterly Dividend

July 1, 2022 7:30 AM EDT

MIAMI, July 01, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc.s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $2.20 on each outstanding share of its Common and Class B common stock payable on July 29, 2022 to shareholders of record at the close of business on July 15, 2022.

Watsco has paid dividends to shareholders for 48 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 its distribution network. Future changes in dividends are... More