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Stock impact report

Watsco Boosts Annual Dividend 10% to $13.20 Per Share

Watsco, Inc. (WSO) 
Last watsco, inc. earnings: 4/23 07:30 am Check Earnings Report
US:NYSE Investor Relations: watsco.com
Company Research Source: GlobeNewswire
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’s next quarterly dividend payment in April 2026. Albert H. Nahmad, Watsco’s Chairman & CEO stated: “We 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.” Watsco has paid dividends to shareholders for 52 consecutive years. The Company’s 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’s overall financial condition. About WatscoWatsco is the largest Show less Read more
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