Watsco Inc (WSO) has declared a dividend of $3.00 per share, payable to shareholders of record. This distribution reflects the company's ongoing commitment to returning capital to its investors.
The ex-dividend date is set for October 15, 2025, meaning investors must hold shares before this date to qualify for the dividend. The payment will be made on October 30, 2025. With a current dividend yield of 3.58%, Watsco continues to provide regular income to its shareholders, reinforcing its status in the Trading Companies & Distributors industry.
Headquartered in Coconut Grove, Florida, Watsco engages in the distribution of air conditioning, heating, and refrigeration equipment, along with related parts and supplies. The company employs 7,220 full-time staff and serves the commercial refrigeration market, offering a range of products from condensing units to air quality products.
This update provides insight into Watsco's cash flow generation and capital allocation strategy. Regular dividend payments can attract income-focused investors, although such distributions are not guaranteed and may be adjusted based on the company's performance and management decisions. Investors are encouraged to review the company's dividend history and overall financial health when assessing the sustainability of its dividend payments.