Watsco (WSO) Declares $2.45 Quarterly Dividend; 2.6% Yield

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Watsco Declares $2.45 Quarterly Dividend

July 3, 2023 7:30 AM EDT

MIAMI, July 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 July 31, 2023 to shareholders of record at the close of business on July 17, 2023.

Watsco has paid dividends for 49 consecutive years and has consistently shared increasing levels of cash flow through dividends while maintaining a conservative balance sheet with continued capacity to build its distribution network.

Watsco is the largest participant in the highly fragmented... More