{"id":937236,"date":"2026-02-17T10:07:46","date_gmt":"2026-02-17T15:07:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/watsco-boosts-annual-dividend-10-to-13-20-per-share\/"},"modified":"2026-02-17T10:07:46","modified_gmt":"2026-02-17T15:07:46","slug":"watsco-boosts-annual-dividend-10-to-13-20-per-share","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/watsco-boosts-annual-dividend-10-to-13-20-per-share\/","title":{"rendered":"Watsco Boosts Annual Dividend 10% to $13.20 Per Share"},"content":{"rendered":"
\n

MIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved a 10% increase in its annual dividend to $13.20 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company\u2019s next quarterly dividend payment in April 2026.<\/p>\n

Albert H. Nahmad, Watsco\u2019s Chairman & CEO stated: \u201cWe are pleased to increase dividends to shareholders, which reflects our confidence in the prospects of our business and is supported by our strong cash flow and balance sheet.\u201d<\/p>\n

Watsco\u00a0has paid dividends to shareholders for 52 consecutive years. The Company\u2019s philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends will be considered in light of investment opportunities, cash flow, general economic conditions and Watsco\u2019s overall financial condition.<\/p>\n

\n
\n About Watsco<\/u>
\n <\/strong>
\n
Watsco\u00a0is the largest distributor in the highly-fragmented North American HVAC\/R market. Watsco\u2019s solid financial position and culture of innovation has enabled investments in long-term growth, including the Company\u2019s industry-leading technology platforms. Today, approximately 73,000 contractors, installers and technicians engage digitally with the Company, resulting in improved growth and lower attrition. The Company is now advancing AI-driven initiatives to leverage its extensive data assets to enhance the customer experience and improve efficiencies. These investments position\u00a0Watsco\u00a0to capture market share as contractors increasingly adopt digital tools and incorporate data-driven solutions in their businesses.<\/p>\n

This document includes certain \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, our expected financial and operational results and the related assumptions underlying our expected results. These forward-looking statements are distinguished by use of words such as \u201cwill,\u201d \u201cwould,\u201d \u201canticipate,\u201d \u201cexpect,\u201d \u201cbelieve,\u201d \u201cdesigned,\u201d \u201cplan,\u201d or \u201cintend,\u201d the negative of these terms, and similar references to future periods. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in economic, business, competitive market, new housing starts and completions, capital spending in commercial construction, consumer spending and debt levels, regulatory and other factors, including, without limitation, the effects of supplier concentration, competitive conditions within Watsco\u2019s industry, the seasonal nature of sales of Watsco\u2019s products, the ability of the Company to expand its business, insurance coverage risks and final GAAP adjustments. Detailed information about these factors and additional important factors can be found in the documents that Watsco files with the Securities and Exchange Commission, such as Form 10-K, Form 10-Q and Form 8-K. Forward-looking statements speak only as of the date the statements were made. Watsco assumes no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except as required by applicable law.<\/p>\n

\n Barry S. Logan<\/em>
\n
\n Executive Vice President\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/em>
\n
\n (305) 714-4102 <\/em>
\n
\n e-mail: blogan@watsco.com<\/em>\n <\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

MIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved a 10% increase in its annual dividend to $13.20 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company\u2019s next quarterly dividend payment in April 2026. Albert H. Nahmad, Watsco\u2019s Chairman & CEO stated: \u201cWe are pleased to increase dividends to shareholders, which reflects our confidence in the prospects of our business and is supported by our strong cash flow and balance sheet.\u201d Watsco\u00a0has paid dividends to shareholders for 52 consecutive years. The Company\u2019s philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity … <\/p>\n

Continue reading “Watsco Boosts Annual Dividend 10% to $13.20 Per Share”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-937236","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nWatsco Boosts Annual Dividend 10% to $13.20 Per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/watsco-boosts-annual-dividend-10-to-13-20-per-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Watsco Boosts Annual Dividend 10% to $13.20 Per Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved a 10% increase in its annual dividend to $13.20 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company\u2019s next quarterly dividend payment in April 2026. Albert H. Nahmad, Watsco\u2019s Chairman & CEO stated: \u201cWe are pleased to increase dividends to shareholders, which reflects our confidence in the prospects of our business and is supported by our strong cash flow and balance sheet.\u201d Watsco\u00a0has paid dividends to shareholders for 52 consecutive years. 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