Watsco Declares $3.00 Quarterly Dividend

Rhea-AI Summary

Watsco (NYSE: WSO) declared a regular quarterly cash dividend of $3.00 per share, payable on January 30, 2026 to shareholders of record at the close of business on January 16, 2026. The company has paid dividends for 52 consecutive years.

Watsco describes itself as the largest distributor in the $74 billion North American HVAC/R market, reporting an 18% compounded annual total-shareholder return since entering distribution in 1989 and noting > 72,000 contractors engage digitally with the company. Management said future dividend decisions will consider investment opportunities, cash flow, economic conditions and overall financial condition.

Positive

• $3.00 quarterly dividend declared
• Jan 30, 2026 payment date
• 52 years of consecutive dividend payments
• 72,000 contractors engage digitally

Negative

• Future dividends contingent on cash flow, investment opportunities, and economic conditions
• Company cites supplier concentration and seasonality as risks

MIAMI, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc.’s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on January 30, 2026 to shareholders of record at the close of business on January 16, 2026.

Watsco has paid dividends to shareholders for 52 consecutive years. The Company’s philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends will be considered in light of investment opportunities, cash flow, general economic conditions and Watsco’s overall financial condition.

About Watsco
Watsco is the largest distributor in the highly-fragmented $74 billion North American HVAC/R market. Since entering distribution in 1989, Watsco has achieved an 18% compounded annual total-shareholder return through a combination of strong organic growth and the acquisition of more than 70 market-leading businesses. Watsco’s solid financial position and culture of innovation has enabled investments in long-term growth, including the Company’s industry-leading technology platforms. Today, more than 72,000 contractors, installers and technicians engage digitally with the Company, resulting in improved growth and lower attrition. The Company is now advancing AI-driven initiatives to leverage its extensive data assets to enhance the customer experience and improve efficiencies. These investments position Watsco to capture market share as contractors increasingly adopt digital tools and incorporate data-driven solutions in their businesses.

This document includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, our expected financial and operational results and the related assumptions underlying our expected results. These forward-looking statements are distinguished by use of words such as “will,” “would,” “anticipate,” “expect,” “believe,” “designed,” “plan,” or “intend,” the negative of these terms, and similar references to future periods. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in economic, business, competitive market, new housing starts and completions, capital spending in commercial construction, consumer spending and debt levels, regulatory and other factors, including, without limitation, the effects of supplier concentration, competitive conditions within Watsco’s industry, the seasonal nature of sales of Watsco’s products, the ability of the Company to expand its business, insurance coverage risks and final GAAP adjustments. Detailed information about these factors and additional important factors can be found in the documents that Watsco files with the Securities and Exchange Commission, such as Form 10-K, Form 10-Q and Form 8-K. Forward-looking statements speak only as of the date the statements were made. Watsco assumes no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except as required by applicable law.

Barry S. Logan
Executive Vice President
(305) 714-4102
e-mail: blogan@watsco.com

FAQ

What dividend did Watsco (WSO) declare for January 2026?

Watsco declared a regular quarterly cash dividend of $3.00 per share.

When is the Watsco (WSO) dividend payable and what is the record date?

The dividend is payable on January 30, 2026 to shareholders of record at the close of business on January 16, 2026.

How long has Watsco (WSO) been paying dividends?

Watsco has paid dividends to shareholders for 52 consecutive years.

Does Watsco (WSO) guarantee future dividends after January 2026?

No; the company said future dividend changes will depend on investment opportunities, cash flow, economic conditions and its financial condition.

What market position and scale does Watsco (WSO) report?

Watsco reports it is the largest distributor in the $74 billion North American HVAC/R market.

How many contractors use Watsco's digital platforms as reported?

The company reported more than 72,000 contractors, installers and technicians engage digitally with Watsco.