Watsco (WSO) Raises Quarterly Dividend 11.1% to $3.00; 2.4% Yield
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Watsco Declares $3.00 Quarterly Dividend, Reflects 11% Increase to an Annual Rate of $12.00 Per Share
April 1, 2025 7:30 AM EDTMIAMI, April 01, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc.s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on April 30, 2025 to shareholders of record at the close of business on April 15, 2025. This marks an 11% increase to an annual rate of $12.00 per share.
Albert H. Nahmad, Watscos Chairman & CEO stated: We are pleased to increase dividends to shareholders, reflecting our continued confidence in our business, which is fundamentally supported by our strong balance sheet.
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