Watsco's last quarterly dividend payment of $2.45 per share was made to shareholders on record before Apr 14, 2023. The dividend payment stands at $9.3 per share annually, which equates to a dividend yield of 2.84%.
WSO has a dividend yield of 2.84% which is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.55%, Watsco's dividend yield is 83% 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 29 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 29% from a year ago, the dividend yield marks a decrease of 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
WSO has a payout ratio of 60.5% which is higher than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 27.9%, Watsco's payout ratio is 117% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WSO Watsco Inc | 2.73% | $9.3 | 60.5% |
| LII Lennox International Inc | 1.42% | $4.24 | 29.4% |
| POOL Pool Corp | 1.26% | $4.1 | 24.1% |
| GWW Ww Grainger Inc | 1.04% | $7.02 | 21.4% |
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 July 2023.
Watsco's last regular dividend was on Apr 14, 2023 (ex-date) with the amount of $2.45 per share.
WSO has paid dividend of $9.3 per share in the last year.
Currently Watsco's dividend yield is 2.84%.
Watsco has a quarterly dividend frequency.
Watsco's dividend payout ratio is 60.5%.
Watsco's dividend yield is above the Industrials sector average.