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Watsco (WSO) Dividend Yield, Date & History

Watsco logo
$484.33 -1.26 (-0.26%)
(As of 12/20/2024 05:17 PM ET)

Watsco Dividend Summary

Dividend Yield
2.23%
Annual Dividend
$10.80
Recent
Dividend Payment
Oct. 31
Dividend Increase
Track Record
11 Years
Annualized 3-Year
Dividend Growth
12.27%
Dividend Payout Ratio
83.46%

Watsco (WSO) pays an annual dividend of $10.80 per share, with a dividend yield of 2.23%. The next quarterly payment of $2.70 per share was paid on Thursday, October 31, to investors who owned the stock before the ex-dividend date of Wednesday, October 16. WSO has grown its dividend for 11 consecutive years, with an average annual increase of 3.93%. The company currently pays out 83.46% of its earnings and 78.36% of its cash flow as dividends.

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WSO Dividend Payments by Quarter

The chart below displays up to four years of Watsco's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

WSO Dividend Yield Over Time

The chart below tracks Watsco's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Watsco vs. The Competition

Compare Watsco's annual dividend, yield, and 3-year growth rate with averages for Construction and NYSE companies to evaluate its performance against the market.

TypeWatscoConstruction CompaniesNYSE Companies
Annual Dividend$10.80$0.01$1.39
Dividend Yield2.23%1.88%3.61%
Annualized 3-Year Dividend Growth12.27%20.40%15.78%
Track Record11 years23 years24 years

Watsco Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings83.46%
Based on This Year's Estimate82.70%
Based on Next Year's Estimate74.43%
Based on Cashflow78.36%

Watsco Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/1/2024Quarterly$2.70 - 2.18%10/16/202410/16/202410/31/2024
7/1/2024Quarterly$2.70 - 2.33%7/16/20247/16/20247/31/2024
4/1/2024Quarterly$2.70+$0.25
10.20%
2.49%4/12/20244/15/20244/30/2024
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1/2/2024Quarterly$2.45 - 2.34%1/16/20241/17/20241/31/2024
10/2/2023quarterly$2.45 - 2.6%10/16/202310/17/202310/31/2023
7/3/2023Quarterly$2.45 - 2.59%7/14/20237/17/20237/31/2023
4/3/2023Quarterly$2.45 - 3.06%4/14/20234/17/20234/28/2023
1/3/2023Quarterly$2.45+$0.25
11.36%
3.84%1/13/20231/17/20231/31/2023

This table shows Watsco's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Watsco Dividend - Frequently Asked Questions

The current dividend yield for Watsco is 2.23%. Learn more on WSO's dividend yield history.

The annual dividend for WSO shares is $10.80. Learn more on WSO's annual dividend history.

Watsco pays quarterly dividends to shareholders.

Watsco's most recent quarterly dividend payment of $2.70 per share was made to shareholders on Thursday, October 31, 2024.

Watsco's most recent ex-dividend date was Wednesday, October 16, 2024.

Over the past three years, the company's dividend has grown by an average of 12.27% per year.

Watsco has increased its dividend for the past 11 consecutive years.

The most recent change in the company's dividend was an increase of $0.25 on Monday, April 1, 2024.

The dividend payout ratio for WSO is:
  • 83.46% based on the trailing year of earnings
  • 82.70% based on this year's estimates
  • 74.43% based on next year's estimates
  • 78.36% based on cash flow

Watsco's dividend yield of 2.12% is higher than the average Construction company that issues a dividend. The company's 11 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Watsco's dividend payout ratio of 83.46% may not be sustainable. However, based on earnings estimates, WSO will have a more sustainable dividend payout ratio of 74.43% next year.

Looking at the stock as a whole, market analysts rate Watsco stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:WSO) was last updated on 12/21/2024 by MarketBeat.com Staff
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