Watsco (WSO) Declares $2.70 Quarterly Dividend; 2.3% Yield

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Watsco Declares $2.70 Quarterly Dividend

July 1, 2024 7:30 AM EDT

MIAMI, July 01, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc.s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $2.70 on each outstanding share of its Common and Class B common stock payable on July 31, 2024 to shareholders of record at the close of business on July 16, 2024.

Watsco has paid dividends to shareholders for 50 consecutive years. The Companys philosophy is to share cash flow through dividends while maintaining a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends are considered in light of... More