By Roshan Fernandez
Watts Water Technologies said Monday it was raising its quarterly dividend to 52 cents a share from 43 cents a share.
The new payout, equal to $2.08 a year, represents an annual yield of about 0.97% based on Monday's closing price of $213.67.
North Andover, Mass., plumbing, heating and water-products company last raised its dividend in May 2024. This year's dividend increase will be paid on June 13.
Write to Roshan Fernandez at roshan.fernandez@wsj.com
(END) Dow Jones Newswires
May 05, 2025 17:38 ET (21:38 GMT)
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