Watsco to Raise Quarterly Dividend by 10% to $3.30

Dow Jones
02/17
 

By Colin Kellaher

 

Watsco's board has approved a 10% increase in the company's quarterly dividend, to $3.30 from $3.00.

The new payout, equal to $13.20 a year, would represent an annual yield of around 3.16% based on Thursday's closing price of $417.92, up from 2.87%.

The Miami distributor of air-conditioning, heating and refrigeration equipment on Tuesday said the increase will be effective with its next quarterly dividend payment in April.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

February 17, 2026 08:14 ET (13:14 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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