Watsco (WSO) Raises Quarterly Dividend 11.4% to $2.45; 3.9% Yield
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Watsco Boosts Annual Dividend 11% to $9.80 Per Share
January 3, 2023 7:30 AM ESTMIAMI, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc.s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $2.45 on each outstanding share of its Common and Class B common stock payable on January 31, 2023 to shareholders of record at the close of business on January 17, 2023.
Watsco has paid dividends to shareholders for 49 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
