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Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. The company distributes equipment comprising residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. It also offers parts, including replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. The company serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. As of December 31, 2021, it operated from 671 locations in the United States, Canada, Mexico, and Puerto Rico, as well as exports its products to Latin America and the Caribbean Basin. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.

Watsco Dividend Announcement

Watsco announced a quarterly dividend of $2.70 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-16
Watsco annual dividend for 2024 was $10.55
Watsco annual dividend for 2023 was $9.80
Watsco's trailing twelve-month (TTM) dividend yield is 2.77%
Watsco's payout ratio for the trailing twelve months (TTM) is 78.74%
Watsco's dividend growth over the last five years (2018-2023) was 11.84% year
Watsco's dividend growth over the last ten years (2013-2023) was 23.89% year

Watsco Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-16$2.70quarterly2024-10-31
2024-07-16$2.70quarterly2024-07-31
2024-04-12$2.70quarterly2024-04-30
2024-01-16$2.45quarterly2024-01-31
2023-10-16$2.45quarterly2023-10-31
2023-07-14$2.45quarterly2023-07-31
2023-04-14$2.45quarterly2023-04-28
2023-01-13$2.45quarterly2023-01-31
2022-10-14$2.20quarterly2022-10-31
2022-07-14$2.20quarterly2022-07-29
2022-04-13$2.20quarterly2022-04-29
2022-01-13$1.95quarterly2022-01-31
2021-10-14$1.95quarterly2021-10-29
2021-07-14$1.95quarterly2021-07-30
2021-04-14$1.95quarterly2021-04-30
2021-01-14$1.77quarterly2021-01-29
2020-10-14$1.77quarterly2020-10-30
2020-07-15$1.77quarterly2020-07-31
2020-04-14$1.77quarterly2020-04-30
2020-01-15$1.60quarterly2020-01-31
2019-10-11$1.60quarterly2019-10-31
2019-07-15$1.60quarterly2019-07-31
2019-04-12$1.60quarterly2019-04-30
2019-01-15$1.60quarterly2019-01-31
2018-10-12$1.45quarterly2018-10-31
2018-07-16$1.45quarterly2018-07-31
2018-04-13$1.45quarterly2018-04-30
2018-01-12$1.25quarterly2018-01-31
2017-10-13$1.25quarterly2017-10-31
2017-07-13$1.25quarterly2017-07-31
2017-04-11$1.05quarterly2017-04-28
2017-01-12$1.05quarterly2017-01-31
2016-10-13$1.05quarterly2016-10-31
2016-07-13$0.85quarterly2016-07-29
2016-04-13$0.85quarterly2016-04-29
2016-01-13$0.85quarterly2016-01-29
2015-10-13$0.70quarterly2015-10-30
2015-07-13$0.70quarterly2015-07-31
2015-04-13$0.70quarterly2015-04-30
2015-01-16$0.70quarterly2015-01-30
2014-10-10$0.60quarterly2014-10-31
2014-07-11$0.60quarterly2014-07-31
2014-04-11$0.40quarterly2014-04-30
2014-01-13$0.40quarterly2014-01-31
2013-10-10$0.40quarterly2013-10-31
2013-07-11$0.25quarterly2013-07-31
2013-04-11$0.25quarterly2013-04-30
2013-01-23$0.25quarterly2013-01-31

Watsco Dividend per year

Watsco Dividend growth

Watsco Dividend Yield

Watsco current trailing twelve-month (TTM) dividend yield is 2.77%. Interested in purchasing Watsco stock? Use our calculator to estimate your expected dividend yield:

Watsco Financial Ratios

P/E ratio34.28
PEG ratio30.58
P/B ratio3.96
ROE17.57%
Payout ratio78.74%
Current ratio3.36
Quick ratio1.65
Cash Ratio0.32

Watsco Dividend FAQ

How much is the next Watsco dividend?
Watsco's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Watsco dividend. The next Watsco dividend will be released in January, April, July, or October.
When is Watsco dividend paid?
Watsco pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Watsco pay?
The specific amount of Watsco dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Watsco's dividend history.
Does Watsco stock pay dividends?
Yes, Watsco does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Watsco's dividend history.
How much dividend does Watsco pay?
Watsco paid $10.55 in 2024, $9.8 in 2023, $8.55 in 2022, $7.625 in 2021, and $6.925 in 2020.
How often does Watsco pay dividends?
Watsco typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Watsco's dividend yield?
The current dividend yield for Watsco is 2.77%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Watsco's exact dividend yield.
When does Watsco go ex dividend?
Watsco's ex-dividend date for the latest dividend was on 2024-10-16. Watsco typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Watsco dividend paid?
Watsco pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Watsco increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Watsco will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Watsco dividend per share?
Watsco paid $10.55 per share in 2024 and $9.8 per share in 2023. The amount of dividend per share that Watsco pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Watsco a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Watsco a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Watsco a dividend stock?
Yes, Watsco is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Watsco a good dividend stock?
Whether Watsco is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Watsco has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Watsco as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Watsco pay dividends monthly?
Watsco typically pays dividends on a quarterly basis.
Does Watsco pay dividends quarterly?
Watsco currently pays dividends on a quarterly basis.
Has Watsco ever paid a dividend?
Yes, Watsco has a history of paying dividends to its shareholders. Watsco is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Watsco dividend stocks?
To buy Watsco you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Watsco stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Watsco pay dividends 2024?
Watsco pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Watsco increase its dividend in 2024?
Decisions regarding Watsco dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Watsco dividend overview you can look into the above table of dividend history.
How Watsco dividend works?
The Watsco dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Watsco's dividend process works:

1. Determination of Dividend: Watsco's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Watsco publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Watsco distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Watsco are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Watsco dividends paid?
Watsco dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Watsco sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Watsco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Watsco declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Watsco pay dividends?
Watsco typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Watsco pay dividends?
The general pattern is that Watsco pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Watsco dividend safe?
The safety of Watsco's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Watsco's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Watsco's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.