Watts Water Raises Quarterly Dividend by About 21%

Dow Jones
May 06
 

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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