Watsco As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
WSO $9.80 11.4% 12.8% 9.9%
Business yield Hike yrs 5 yr CAGR freq. paid since
HVAC/R Distribution 2.5% 10 11.1% Quarter 1975

Watsco Inc (WSO) will increase its quarterly dividend by 60.0 percent to $0.40 per share in the fourth quarter of 2013. This follows a dividend cut from 62 cents to 25 cents in Q1 of 2013, following a special dividend payment of $5.00 in the fourth quarter of 2012.

Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies. In addition to the replacement market, Watsco sells to the new construction market.  The company was incorporated in Florida in 1956, and operates in the U.S. States, Canada, Mexico, and Puerto Rico with additional market coverage on an export basis to portions of Latin America and the Caribbean. Dividends have been paid every year since 1975.