DividendJul 1, 2026, 07:31 AM
Watsco Declares Quarterly Cash Dividend of $3.30 Per Share
AI Summary
Watsco, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $3.30 on each outstanding share of its Common and Class B common stock. The dividend is payable on July 31, 2026, to shareholders of record at the close of business on July 16, 2026. The company has a long history of returning capital to shareholders, having paid dividends for 52 consecutive years, and aims to maintain a conservative balance sheet.
Key Highlights
- Watsco declared a regular quarterly cash dividend of $3.30 per share.
- The dividend is payable on July 31, 2026.
- Shareholders of record as of July 16, 2026, will receive the dividend.
- Watsco has paid dividends to shareholders for 52 consecutive years.
- The company's philosophy is to share cash flow through dividends while maintaining a conservative balance sheet.
Price Impact
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