Watsco, Inc. (WSO-B) Dividend History

NYSE: WSO-BYield, payment dates, growth and payout ratio.

WSO-B latest dividend

$3.30last dividend per share
Ex-dividend dateOct 16Friday, 2026
Payment dateOct 30Friday, 2026

The next dividend has not been announced yet.

  • 12 yearsof dividend increases
  • 1985paying since
  • Quarterly4 payments a year
  • +11.1%5-year growth a year
  • 4.59%forward yield

WSO-B dividend income calculator

Dividend income a year
$1,320
Each payment
$330
Value of the shares
$28,750
Dividend yield
4.59%

At the latest close; forward annual dividend $13.20 per share, before tax.

WSO-B dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

WSO-B dividend safety

Payout ratio (earnings)3.2%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)88.5%
Stretched · of fiscal 2025 free cash flow
Dividend growth (5 years)+11.1%
Growing · a year on average
Years of increases12
Long record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

WSO-B yield on cost

Watsco, Inc. yield on cost
BoughtPrice paidYield on costDividends since% of price
3 years ago$375.003.52%$35.159.4%
5 years ago$277.904.75%$53.5019.3%
10 years ago$142.259.28%$84.6559.5%
20 years ago$49.7726.52%$110.90222.8%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

WSO-B dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

WSO-B dividends by year

Watsco, Inc. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$11.70+10.9%3.45%4
2024$10.55+7.7%—4
2023$9.80+14.6%2.32%4
2022$8.55+12.1%3.39%4
2021$7.62+10.1%2.49%4
2020$6.92+8.2%2.97%4
2019$6.40+14.3%3.53%4
2018$5.60+21.7%4.14%4
2017$4.60+27.8%2.72%4
2016$3.60+28.6%2.42%4
2015$2.80+40.0%2.36%4
2014$2.00+73.9%1.87%4
2013$1.15−84.6%1.19%4
2012$7.48+235.4%10.04%4
2011$2.23+9.3%3.35%4
2010$2.04+7.9%3.18%4
2009$1.89+8.0%3.80%4
2008$1.75+33.6%4.56%4
2007$1.31+37.9%3.60%4
2006$0.95—2.00%4

WSO-B dividend history

171 payments
Watsco, Inc. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-10-162026-10-30$3.30—Quarterly
2026-07-162026-07-31$3.30—Quarterly
2026-04-162026-04-30$3.30+10.0%Quarterly
2026-01-162026-01-30$3.00—Quarterly
2025-10-162025-10-31$3.00—Quarterly
2025-07-162025-07-31$3.00—Quarterly
2025-04-152025-04-30$3.00+11.1%Quarterly
2025-01-172025-01-31$2.70—Quarterly
2024-10-162024-10-31$2.70—Quarterly
2024-07-162024-07-31$2.70—Quarterly
2024-04-122024-04-30$2.70+10.2%Quarterly
2024-01-162024-01-31$2.45—Quarterly
2023-10-162023-10-31$2.45—Quarterly
2023-07-142023-07-31$2.45—Quarterly
2023-04-142023-04-28$2.45—Quarterly
2023-01-132023-01-31$2.45+11.4%Quarterly
Show all 171 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-10-142022-10-31$2.20—Quarterly
2022-07-142022-07-29$2.20—Quarterly
2022-04-132022-04-29$2.20+12.8%Quarterly
2022-01-132022-01-31$1.95—Quarterly
2021-10-142021-10-29$1.95—Quarterly
2021-07-142021-07-30$1.95—Quarterly
2021-04-142021-04-30$1.95+9.9%Quarterly
2021-01-142021-01-29$1.77—Quarterly
2020-10-142020-10-30$1.77—Quarterly
2020-07-152020-07-31$1.77—Quarterly
2020-04-142020-04-30$1.77+10.9%Quarterly
2020-01-152020-01-31$1.60—Quarterly
2019-10-112019-10-31$1.60—Quarterly
2019-07-152019-07-31$1.60—Quarterly
2019-04-122019-04-30$1.60—Quarterly
2019-01-152019-01-31$1.60+10.3%Quarterly
2018-10-122018-10-31$1.45—Quarterly
2018-07-162018-07-31$1.45—Quarterly
2018-04-132018-04-30$1.45+16.0%Quarterly
2018-01-122018-01-31$1.25—Quarterly
2017-10-132017-10-31$1.25—Quarterly
2017-07-132017-07-31$1.25+19.0%Quarterly
2017-04-112017-04-28$1.05—Quarterly
2017-01-122017-01-31$1.05—Quarterly
2016-10-132016-10-31$1.05+23.5%Quarterly
2016-07-132016-07-29$0.85—Quarterly
2016-04-132016-04-29$0.85—Quarterly
2016-01-132016-01-29$0.85+21.4%Quarterly
2015-10-132015-10-30$0.7—Quarterly
2015-07-132015-07-31$0.7—Quarterly
2015-04-132015-04-30$0.7—Quarterly
2015-01-162015-01-30$0.7+16.7%Quarterly
2014-10-102014-10-31$0.6—Quarterly
2014-07-112014-07-31$0.6+50.0%Quarterly
2014-04-112014-04-30$0.4—Quarterly
2014-01-132014-01-31$0.4—Quarterly
2013-10-102013-10-31$0.4+60.0%Quarterly
2013-07-112013-07-31$0.25—Quarterly
2013-04-112013-04-30$0.25—Quarterly
2013-01-232013-01-31$0.25−95.6%Quarterly
2012-10-112012-10-31$5.62+806.5%Quarterly
2012-07-122012-07-31$0.62—Quarterly
2012-04-122012-04-30$0.62—Quarterly
2012-01-112012-01-31$0.62+8.8%Quarterly
2011-10-122011-10-31$0.57—Quarterly
2011-07-132011-07-29$0.57—Quarterly
2011-04-132011-04-29$0.57+9.6%Quarterly
2011-01-122011-01-31$0.52—Quarterly
2010-10-132010-10-29$0.52—Quarterly
2010-07-132010-07-30$0.52—Quarterly
2010-04-132010-04-30$0.52+8.3%Quarterly
2010-01-132010-01-29$0.48—Quarterly
2009-10-132009-10-30$0.48—Quarterly
2009-07-132009-07-31$0.48—Quarterly
2009-04-132009-04-30$0.48+6.7%Quarterly
2009-01-132009-01-30$0.45—Quarterly
2008-10-102008-10-31$0.45—Quarterly
2008-07-112008-07-31$0.45—Quarterly
2008-04-112008-04-30$0.45+12.5%Quarterly
2008-01-112008-01-31$0.4—Quarterly
2007-10-112007-10-31$0.4+21.2%Quarterly
2007-07-112007-07-31$0.33—Quarterly
2007-04-112007-04-30$0.33+32.0%Quarterly
2007-01-102007-01-31$0.25—Quarterly
2006-10-112006-10-31$0.25—Quarterly
2006-07-122006-07-31$0.25—Quarterly
2006-04-112006-04-28$0.25+25.0%Quarterly
2006-01-112006-01-31$0.2—Quarterly
2005-10-122005-10-31$0.2+42.9%Quarterly
2005-07-132005-07-29$0.14—Quarterly
2005-04-132005-04-29$0.14—Quarterly
2005-01-122005-01-31$0.14+40.0%Quarterly
2004-10-132004-11-01$0.1—Quarterly
2004-07-132004-08-02$0.1—Quarterly
2004-04-132004-04-30$0.1+25.0%Quarterly
2004-01-132004-01-31$0.08—Quarterly
2003-10-102003-10-31$0.08+100.0%Quarterly
2003-07-112003-07-31$0.04—Quarterly
2003-04-112003-04-30$0.04—Quarterly
2003-01-132003-01-31$0.04+33.3%Quarterly
2002-10-102002-10-31$0.03—Quarterly
2002-07-11—$0.03—
2002-04-112002-04-30$0.03+20.0%Quarterly
2002-01-102002-01-31$0.025—Quarterly
2001-10-112001-10-31$0.025—Quarterly
2001-07-112001-07-27$0.025—Quarterly
2001-04-112001-04-30$0.025—Quarterly
2001-01-102001-01-31$0.025—Quarterly
2000-10-122000-10-31$0.025—Quarterly
2000-07-122000-07-28$0.025—Quarterly
2000-04-122000-04-28$0.025—Quarterly
2000-01-122000-01-31$0.025—Quarterly
1999-10-131999-10-29$0.025−3.8%Quarterly
1999-07-131999-07-30$0.026+4.0%Quarterly
1999-04-131999-04-30$0.025—Quarterly
1999-01-131999-01-29$0.025—Quarterly
1998-10-131998-10-30$0.025+50.0%Quarterly
1998-07-291998-08-14$0.0167−28.5%Quarterly
1998-07-131998-07-31$0.0233—Quarterly
1998-04-131998-04-30$0.0233—Quarterly
1998-01-131998-01-30$0.0233—Quarterly
1997-10-101997-10-31$0.0233—Quarterly
1997-07-111997-07-31$0.0233—Quarterly
1997-04-111997-04-30$0.0233—Quarterly
1997-01-131997-01-31$0.0233—Quarterly
1996-10-101996-10-31$0.0233—Quarterly
1996-07-111996-07-31$0.0233+5.0%Quarterly
1996-04-111996-04-30$0.0222—Quarterly
1996-01-171996-01-31$0.0222—Quarterly
1995-10-121995-10-31$0.0222—Quarterly
1995-07-121995-07-31$0.0222+15.4%Quarterly
1995-04-101995-04-28$0.0193—Quarterly
1995-01-091995-01-31$0.0193—Quarterly
1994-10-111994-10-31$0.0193—Quarterly
1994-07-111994-07-29$0.0193—Quarterly
1994-04-111994-04-29$0.0193+8.3%Quarterly
1994-01-101994-01-31$0.0178—Quarterly
1993-10-081993-10-29$0.0178—Quarterly
1993-07-091993-07-30$0.0178—Quarterly
1993-04-081993-04-30$0.0178—Quarterly
1993-01-111993-01-31$0.0178—Quarterly
1992-10-081992-10-30$0.0178—Quarterly
1992-07-091992-07-31$0.0178—Quarterly
1992-06-09—$0.0178—
1992-04-091992-04-30$0.0178+57.5%Quarterly
1991-12-241992-01-31$0.0113—Quarterly
1991-09-241991-10-31$0.0113—Quarterly
1991-06-241991-07-31$0.0113−78.9%Quarterly
1991-03-221991-04-30$0.0536+374.9%Quarterly
1991-01-251991-02-28$0.0113—Quarterly
1990-10-251990-11-30$0.0113—Quarterly
1990-07-251990-08-31$0.0113−71.4%Quarterly
1990-04-241990-05-31$0.0395+250.0%Quarterly
1990-01-251990-02-28$0.0113—Quarterly
1989-10-25—$0.0113—
1989-07-25—$0.0113−71.4%
1989-04-24—$0.0395+250.0%
1989-01-25—$0.0113—
1988-10-25—$0.0113—
1988-07-25—$0.0113−71.4%
1988-04-25—$0.0395+250.0%
1988-01-25—$0.0113—
1987-10-26—$0.0113—
1987-07-27—$0.0113−60.0%
1987-05-11—$0.0282+150.0%
1987-04-24—$0.0113—
1987-01-26—$0.0113+4.9%
1986-10-27—$0.0108—
1986-07-25—$0.0108—
1986-04-24—$0.0108—
1986-01-27—$0.0108—
1985-10-25—$0.0108—
1985-07-15—$0.0108—
1985-05-09—$0.0108—
1985-01-25—$0.0108—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

WSO-B stock split history

  • 3:2August 17, 1998
  • 3:2June 17, 1996
  • 3:2May 16, 1995
  • 105:100April 9, 1992
  • 2:1June 18, 1984
  • 3:2June 16, 1982

WSO-B dividend overview

Watsco pays an annual dividend of $13.20 per share, a yield of 4.59% at the latest close, paid quarterly. It paid $11.70 per share in 2025, up 10.9% from 2024. It has raised its dividend for 12 consecutive years. Over five years the dividend grew 11.1% a year on average and over ten years 15.4% a year. The payout ratio is 3.2% of trailing earnings.

Related: WSO-B cash flow statement, WSO-B key metrics, WSO-B chart. See the WSO-B stock overview for the latest quote and news.

WSO-B dividends FAQ

Does Watsco pay a dividend?

Yes. Watsco has paid a regular dividend since 1985, quarterly, most recently $3.30 per share with an ex-dividend date of October 16, 2026.

What is Watsco's dividend yield?

Watsco's forward annual dividend is $13.20 per share, a dividend yield of 4.59% at the latest close of $287.50.

How often does Watsco pay dividends?

Watsco pays dividends quarterly.

How fast is Watsco's dividend growing?

Watsco's dividend per share grew from $6.92 in 2020 to $11.70 in 2025, 11.1% a year on average over five years; it has increased for 12 years in a row.

What is Watsco's dividend payout ratio?

Watsco pays out 3.2% of its trailing earnings as dividends and 88.5% of its free cash flow (fiscal 2025).

Has Watsco split its stock?

Watsco has split its stock 6 times: 3:2 on August 17, 1998, 3:2 on June 17, 1996, 3:2 on May 16, 1995, 105:100 on April 9, 1992, 2:1 on June 18, 1984, 3:2 on June 16, 1982. Dividends per share on this page are adjusted for splits.

Industrial Distribution: dividends