Watsco Declares $3.00 Quarterly Dividend

Rhea-AI Summary

Watsco (NYSE: WSO), North America's largest HVAC products distributor, has declared a quarterly cash dividend of $3.00 per share for both Common and Class B common stock. The dividend will be paid on October 31, 2025, to shareholders of record as of October 16, 2025.

The company has maintained an impressive 51-year streak of consecutive dividend payments. Operating in a $74 billion market, Watsco has achieved an 18% compounded annual total-shareholder return since 1989 through organic growth and strategic acquisitions. The company serves over 70,000 contractors through its technology platforms and is advancing AI initiatives to enhance customer experience.

Positive

• None.

Negative

• Exposure to seasonal sales fluctuations
• Risks from supplier concentration
• Vulnerability to housing market and commercial construction cycles

MIAMI, Oct. 01, 2025 (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 October 31, 2025 to shareholders of record at the close of business on October 16, 2025.

Watsco has paid dividends to shareholders for 51 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 market for HVAC products. 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 70,000 contractors, installers and technicians engage with the Company’s platforms, 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 is Watsco's (WSO) latest quarterly dividend amount for 2025?

Watsco declared a quarterly cash dividend of $3.00 per share for both Common and Class B common stock, payable on October 31, 2025.

When is the record date for Watsco's Q4 2025 dividend?

The record date for Watsco's dividend is October 16, 2025. Shareholders must own the stock by this date to receive the dividend.

How long has Watsco (WSO) been paying dividends?

Watsco has maintained a 51-year streak of consecutive dividend payments to shareholders, demonstrating long-term financial stability.

What is Watsco's market position in the HVAC industry?

Watsco is the largest distributor in the $74 billion North American HVAC market, serving over 70,000 contractors through its technology platforms.

What has been Watsco's shareholder return since entering distribution?

Since entering distribution in 1989, Watsco has achieved an 18% compounded annual total-shareholder return through organic growth and acquisitions.