Watsco (WSO) dividend history
Watsco paid $474M in dividends in fiscal 2025, about $12.50 per share.
Dividends per share grew 12.6% a year over 14 years, rising in each of the last 2 years.
That took 89% of free cash flow and 95% of net income.
At today's price the trailing yield is 4.69%.
Dividends by fiscal year
Dividends paid from the cash flow statement in Watsco's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).
| Fiscal year | Per share | Growth | Total paid | % of free cash flow | % of net income |
|---|---|---|---|---|---|
| 2025 | $12.50 | +10.7% | $474M | 89% | 95% |
| 2024 | $11.29 | +7.8% | $424M | 57% | 79% |
| 2023 | $10.47 | — | $383M | 73% | 71% |
| 2022 | — | — | $332M | 62% | 55% |
| 2021 | $8.31 | +10.0% | $295M | 91% | 70% |
| 2020 | $7.56 | +8.6% | $266M | 51% | 99% |
| 2019 | $6.96 | +14.4% | $241M | 76% | 98% |
| 2018 | $6.09 | +21.9% | $209M | 136% | 86% |
| 2017 | $4.99 | +27.7% | $164M | 57% | 79% |
| 2016 | $3.91 | +29.0% | $128M | 54% | 70% |
| 2015 | $3.03 | +40.5% | $99M | 49% | 57% |
| 2014 | $2.16 | +74.8% | $70M | 57% | 46% |
| 2013 | $1.23 | -84.7% | $40M | 29% | 31% |
| 2012 | $8.07 | +238.7% | $256M | 159% | 248% |
| 2011 | $2.38 | — | $73M | 154% | 81% |
Dividend calculator · Highest dividend yields · What the payout ratio tells you
Questions
Does Watsco pay a dividend?
Watsco paid $474M in dividends in fiscal 2025, about $12.50 per share.
How fast has Watsco's dividend grown?
Dividends per share grew 12.6% a year over 14 years, rising in each of the last 2 years.
From Watsco's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.