Watsco (WSO) Declares $2.20 Quarterly Dividend; 3.3% Yield

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Watsco Declares $2.20 Quarterly Dividend

October 3, 2022 7:30 AM EDT

MIAMI, Oct. 03, 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 October 31, 2022 to shareholders of record at the close of business on October 17, 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