Watsco raises quarterly dividend by 60 percent

Watsco raises quarterly dividend by 60 percent to 40 cents per share

Associated Press

MIAMI (AP) -- Watsco is increasing its quarterly dividend by 60 percent to 40 cents per share from 25 cents per share.

The air conditioning and heating systems provider said Wednesday that the dividend will be paid on Oct. 31 to shareholders of record on Oct. 15.

Watsco Inc., which is based in Miami, said it has paid quarterly dividends for 38 straight years.

Its shares finished at $93.99 on Tuesday.

View Comments (0)