Watsco Declared Quarterly Dividend of $3.30 Per Share
The dividend is payable to shareholders of record as of October 16, 2026.
Updated on Oct. 1, 2026 in Public Companies
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Miami-based Watsco has announced a quarterly cash dividend of $3.30 per share for holders of common and Class B common stock. The payout comes from the board of directors following a 52-year streak of consecutive dividend payments.
Why it matters
The dividend distribution follows the firm's long-standing corporate philosophy of returning cash flow to shareholders while balancing capital for acquisitions and ongoing business investments. Future dividend adjustments remain subject to the company's evaluation of broader economic conditions and internal investment needs.
Watsco confirmed a quarterly cash dividend of $3.30 per share, maintaining a streak of 52 consecutive years of payments. The company currently serves over 70,000 contractors and technicians through its digital tools.
The players
Watsco
The Miami-headquartered firm is the largest distributor in the North American HVAC market.
The details
The dividend applies to all outstanding common and Class B common stock. Following the record date of October 16, 2026, the company will issue the payment on October 30, 2026. As the largest distributor in the North American HVAC market, Watsco continues to leverage a strategy built on over 70 business acquisitions made since 1989.
Timeline
1989: Watsco entered the distribution market.
October 16, 2026: Record date for dividend eligibility.
October 30, 2026: Payment date for the declared dividend.
Beyond the 305
This dividend declaration follows Watsco's 52-year streak of consecutive shareholder payments. It reinforces the company's historical approach to sharing cash flow while maintaining a conservative balance sheet for future HVAC market investments.
Shareholders of record by the close of business on October 16, 2026, are eligible for the $3.30 payout. Payments are scheduled for distribution to these investors on October 30, 2026.
The takeaway
Watsco remains committed to its long-term strategy of consistent dividend payouts based on sustained cash flow. Investors should mark October 16, 2026, as the key date to ensure eligibility for the upcoming quarterly distribution.
Further reading
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