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WSO Watsco dividend history, payout ratio & dates

Watsco's last quarterly dividend payment of $2.7 per share was made to shareholders on record before Jul 16, 2024. The dividend payment stands at $10.3 per share annually, which equates to a dividend yield of 2.06%.

Key dates

  • WSO last dividend date: Jul 16, 2024
  • WSO next dividend date: Not announced
WSO dividend stats
DPS
$10.3
Dividend yield
2.05%
Payout ratio
79%
vs. Industrials sector
Dividend yield
1.4%
Payout ratio
32.7%

Dividend yield

What is Watsco current dividend yield

WSO has a dividend yield of 2.06% which is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.4%, Watsco's dividend yield is 47% higher. The historical 5-year average of WSO's dividend yield is 3.0%, which is above the current yield.

Dividend history

What is WSO dividend payout history and dates

Watsco has been paying dividends for the last 30 years. According to our records WSO has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 8% since one year ago. However with the stock price up by 37% from a year ago, the dividend yield marks a decrease of 21%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jul 16, 2024 Jul 31, 2024 Jul 1, 2024 $2.7 normal
Apr 12, 2024 Apr 30, 2024 Apr 1, 2024 $2.7 normal
Jan 16, 2024 Jan 31, 2024 Jan 2, 2024 $2.45 normal
Oct 16, 2023 Oct 31, 2023 Oct 2, 2023 $2.45 normal
Jul 14, 2023 Jul 31, 2023 Jul 3, 2023 $2.45 normal
Apr 14, 2023 Apr 28, 2023 Apr 3, 2023 $2.45 normal
Jan 13, 2023 Jan 31, 2023 Jan 3, 2023 $2.45 normal
Oct 14, 2022 Oct 31, 2022 Oct 3, 2022 $2.2 normal
Jul 14, 2022 Jul 29, 2022 Jul 1, 2022 $2.2 normal
Apr 13, 2022 Apr 29, 2022 $2.2 normal
Jan 13, 2022 Jan 31, 2022 Jan 3, 2022 $1.95 normal
Oct 14, 2021 Oct 29, 2021 Oct 1, 2021 $1.95 normal
Jul 14, 2021 Jul 30, 2021 Jul 1, 2021 $1.95 normal
Apr 14, 2021 Apr 30, 2021 Apr 1, 2021 $1.95 normal
Jan 14, 2021 Jan 29, 2021 Jan 4, 2021 $1.775 normal
Oct 14, 2020 Oct 30, 2020 $1.775 normal
Jul 15, 2020 Jul 31, 2020 Jul 1, 2020 $1.775 normal
Apr 14, 2020 Apr 30, 2020 Apr 1, 2020 $1.775 normal
Jan 15, 2020 Jan 31, 2020 Jan 2, 2020 $1.6 normal
Oct 11, 2019 Oct 31, 2019 Oct 1, 2019 $1.6 normal
Jul 15, 2019 Jul 31, 2019 Jul 1, 2019 $1.6 normal
Apr 12, 2019 Apr 30, 2019 Apr 1, 2019 $1.6 normal
Jan 15, 2019 Jan 31, 2019 $1.6 normal
Oct 12, 2018 Oct 31, 2018 Oct 1, 2018 $1.45 normal
Jul 16, 2018 Jul 31, 2018 Jul 2, 2018 $1.45 normal
Apr 13, 2018 Apr 30, 2018 $1.45 normal
Jan 12, 2018 Jan 31, 2018 Jan 2, 2018 $1.25 normal
Oct 13, 2017 Oct 31, 2017 Oct 2, 2017 $1.25 normal
Jul 13, 2017 Jul 31, 2017 Jul 3, 2017 $1.25 normal
Apr 11, 2017 Apr 28, 2017 Apr 3, 2017 $1.05 normal
Jan 12, 2017 Jan 31, 2017 Jan 3, 2017 $1.05 normal
Oct 13, 2016 Oct 31, 2016 Oct 3, 2016 $1.05 normal
Jul 13, 2016 Jul 29, 2016 Jul 1, 2016 $0.85 normal
Apr 13, 2016 Apr 29, 2016 Apr 1, 2016 $0.85 normal

Watsco dividend payout ratio

What is Watsco dividend payout ratio compared to the sector

Payout ratio

WSO has a payout ratio of 79% which is higher than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 32.7%, Watsco's payout ratio is 142% higher.

Total amount of dividends paid per financial year (from cash flow)

WSO dividend vs peer dividends

How does WSO dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
WSO Watsco Inc 2.05% $10.3 79%
POOL Pool Corp 1.34% $4.5 34.9%
WCC Wesco International Inc 0.91% $1.58 12.8%
GWW Ww Grainger Inc 0.8% $7.63 21%
LII Lennox International Inc 0.78% $4.45 25.7%

Frequently asked questions

Does Watsco pay a dividend?

Yes, Watsco has paid four dividends in the last 12 months. WSO has been paying dividends since 1994.

When is Watsco's next dividend?

WSO hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in October 2024.

When was WSO's last dividend?

Watsco's last regular dividend was on Jul 16, 2024 (ex-date) with the amount of $2.7 per share.

How much dividend does Watsco pay (per share)?

WSO has paid dividend of $10.3 per share in the last year.

What is Watsco's dividend yield?

Currently Watsco's dividend yield is 2.06%.

How often does Watsco pay dividends?

Watsco has a quarterly dividend frequency.

What is Watsco's dividend payout ratio?

Watsco's dividend payout ratio is 79%.

Does Watsco pay a good dividend?

Watsco's dividend yield is above the Industrials sector average.