Watsco Boosts Annual Dividend 11% to $12.00 Per Share

Watsco, Inc. (WSO)
Last watsco, inc. earnings: 4/23 07:30 am
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watsco.com
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Source: GlobeNewswire
MIAMI, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved an 11% increase in its annual dividend to $12.00 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company’s next quarterly dividend payment in April 2025. Albert H. Nahmad, Watsco’s Chairman & CEO stated: “We are pleased to increase dividends to shareholders, reflecting the strength of our 2024 performance and our confidence in the prospects of our business, which is fundamentally supported by our strong balance sheet.” Watsco has paid dividends to shareholders for 51 consecutive years. The Company’s philosophy is to share increasing amounts of cash fl
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WSO
News
- Watsco Schedules First Quarter Conference Call On Wednesday, April 23, 2025GlobeNewswire
- Watsco Declares $3.00 Quarterly Dividend, Reflects 11% Increase to an Annual Rate of $12.00 Per ShareGlobeNewswire
- Watsco to Participate in the J.P. Morgan 2025 Industrials Conference on March 12, 2025 at 8:15 a.m.GlobeNewswire
- https://seekingalpha.com/article/4765660-watsco-is-primed-for-a-growth-acceleration-and-im-buying-more [Seeking Alpha]Seeking Alpha
- Watsco, Inc. (NYSE: WSO) had its price target raised by analysts at Loop Capital from $450.00 to $460.00. They now have a "hold" rating on the stock.MarketBeat
WSO
Earnings
- 2/18/25 - Beat
WSO
Sec Filings
- 3/17/25 - Form 4
- 3/17/25 - Form 4
- 3/17/25 - Form 4
- WSO's page on the SEC website