SmarterDividends
WSO-B

Watsco, Inc.

WSO-B

Industrials · Stock · quarterly payer

Forward Yield

3.77%

Annual Dividend

$13.20

Payout Ratio

98%

5-Yr Growth

11.1%

Ex-Date

Apr 16, 2026

Frequency

Quarterly

WSO-B Dividend Safety Score

76/ 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 coverage14% of free cash flow
Balance-sheet strengthDebt/equity of 0.15
Yield vs its historyYield is 1.4× 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-B a good dividend stock?

Yes

Watsco, Inc. (WSO-B) pays a quarterly dividend yielding 3.77% ($13.20/yr), with 12 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

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
3.77%
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
$14.2B
P/E Ratio
28.7
5-Yr Total Return
20%
52-Week Range
$338.85 – $453.37
Dividend Safety
B · 76/100
Ever Cut?
Yes (2013)
WSO-B ex-dividend date & scheduleNext ex-date Apr 16, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $13.20 / yr per share

Per payment (quarterly)$330.00
Annual$1,320.00
Monthly avg$110.00