Watsco increases dividend by 16 percent in 2018 Dividendhike.com | Dividend News and Statistics for US Equities

Headlines

PSX - Phillips 66 hikes dividend by 9.5% AOS - A.O. Smith hikes dividend by 6.7% to $0.32 quarterly per share LMT - Lockheed Martin hikes dividend by 5% to $3.15 quarterly per share MCD - McDonald's hikes dividend by 9.9% to $1.67 quarterly per share AFG - American Financial Group hikes dividend by 12.7% to $0.71 quarterly HON - Honeywell hikes dividend by 4.9% to $1.08 quarterly per share HWM - Howmet Aerospace hikes dividend by 25% to $0.05 quarterly per share CNP - Centerpoint Energy hikes dividend by 5.3% to $0.20 quarterly per share FE - FirstEnergy Corp hikes dividend by 5.1% to $0.41 quarterly per share TXN - Texas Instruments hikes dividend by 4.8% to $1.30 quarterly per share SBUX - Starbucks hikes dividend by 7.5% to $0.57 quarterly per share MSFT - Microsoft hikes dividend by 10.3% to $0.75 quarterly per share KDP - Keurig Dr Pepper hikes dividend by 7.5% to $0.215 quarterly per share O - Realty Income hikes monthly dividend by 0.2% to $0.256 per share EG - Everest Group hikes dividend by 6.1% to $1.75 quarterly per share

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

Watsco hikes dividend by 16%

Monday 2 April 2018

Watsco Inc (WSO) will raise its quarterly dividend to $1.45 per share. The new dividend yield for WSO is 3.1%. The cash dividend is payable on April 30, 2018 to shareholders of record at the close of business on April 16, 2018.

Albert H. Nahmad, Watsco’s Chairman & CEO stated: “We are pleased to be able to increase dividends to our shareholders. This latest increase reflects our confidence in the business and is supported by our continued cash flow and strong balance sheet.”

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.

Watsco

Industrials

Dividend Calendar