Watsco's last quarterly dividend payment of $2.45 per share was made to shareholders on record before Jan 13, 2023. The dividend payment stands at $9.05 per share annually, which equates to a dividend yield of 2.88%. The latest WSO stock dividend of $2.45 is an increase from the previous $2.2 distribution, representing a growth of 11%.
WSO has a dividend yield of 2.88% which is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.39%, Watsco's dividend yield is 107% higher. The historical 5-year average of WSO's dividend yield is 3.3%, which is above the current yield.
Watsco has been paying dividends for the last 28 years. According to our records WSO has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 16% since one year ago. However with the stock price up by 17% from a year ago, the dividend yield marks a decrease of 1.2%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
WSO has a payout ratio of 65% which is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 27.3%, Watsco's payout ratio is 138% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WSO Watsco Inc | 2.88% | $9.05 | 65% |
| LII Lennox International Inc | 1.49% | $4.1 | 30.2% |
| GWW Ww Grainger Inc | 1% | $6.78 | 24.1% |
| POOL Pool Corp | 0.94% | $3.8 | 19.3% |
Yes, Watsco has paid four dividends in the last 12 months. WSO has been paying dividends since 1994.
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 April 2023.
Watsco's last regular dividend was on Jan 13, 2023 (ex-date) with the amount of $2.45 per share.
WSO has paid dividend of $9.05 per share in the last year.
Currently Watsco's dividend yield is 2.88%.
Watsco has a quarterly dividend frequency.
Watsco's dividend payout ratio is 65%.
Watsco's dividend yield is above the Industrials sector average.