Watsco, Inc.
WSOIndustrials · Stock · quarterly payer
$369.06
Add to PortfolioForward Yield
3.58%
Annual Dividend
$13.20
Payout Ratio
98%
5-Yr Growth
11.1%
Ex-Date
Apr 16, 2026
Frequency
Quarterly
WSO Dividend Safety Score
72/ 100
Grade B
Safe
Dividend-growth streak12 consecutive years of growth
Cut historyCut its dividend in 2013
Earnings payout coverage98% of earnings paid out
Free-cash-flow coverage88% of free cash flow
Balance-sheet strengthDebt/equity of 0.15
Yield vs its historyYield is 1.3× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is WSO a good dividend stock?
Yes, with caveatsWatsco, Inc. (WSO) pays a quarterly dividend yielding 3.58% ($13.20/yr), with 12 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 12 consecutive years of dividend growth
- Strong 11.1% 5-yr dividend growth
Risks
- Cut its dividend in 2013
- Elevated payout ratio (98%)
Key Data
- Dividend Yield
- 3.58%
- Payout Ratio
- 98%
- Annual Dividend
- $13.20
- 5-Yr Avg Growth
- 11.1%
- Ex-Dividend Date
- Apr 16, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 1.03
- Market Cap
- $15.0B
- P/E Ratio
- 30.3
- 5-Yr Total Return
- 28%
- 52-Week Range
- $323.05 – $494.94
- Dividend Safety
- B · 72/100
- Ever Cut?
- Yes (2013)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 16, 2026 | — | $3.3000 | regular |
| Jan 16, 2026 | — | $3.0000 | regular |
| Oct 16, 2025 | — | $3.0000 | regular |
| Jul 16, 2025 | — | $3.0000 | regular |
| Apr 15, 2025 | — | $3.0000 | regular |
| Jan 17, 2025 | — | $2.7000 | regular |
| Oct 16, 2024 | — | $2.7000 | regular |
| Jul 16, 2024 | — | $2.7000 | regular |
| Apr 12, 2024 | — | $2.7000 | regular |
| Jan 16, 2024 | — | $2.4500 | regular |
| Oct 16, 2023 | — | $2.4500 | regular |
| Jul 14, 2023 | — | $2.4500 | regular |
| Apr 14, 2023 | — | $2.4500 | regular |
| Jan 13, 2023 | — | $2.4500 | regular |
Income Calculator
At $13.20 / yr per share
Per payment (quarterly)$330.00
Annual$1,320.00
Monthly avg$110.00
