Watsco, Inc. Declares Quarterly Cash Dividend on its Common and Class B Common Stock, Payable on January 31, 2017
January 03, 2017 at 12:30 pm
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Watsco, Inc. announced that its board of directors has declared a regular quarterly cash dividend of $1.05 on each outstanding share of its common and Class B common stock. The cash dividend is payable on January 31, 2017 to shareholders of record at the close of business on January 17, 2017.
Watsco, Inc. is engaged in the distribution of air conditioning, heating and refrigeration equipment and related parts and supplies (HVAC/R) with locations in the United States, Canada, Mexico, and Puerto Rico, and on an export basis to Latin America and the Caribbean. The Company sells products to the commercial refrigeration market, which include condensing units, compressors, evaporators, valves, refrigerants, walk-in coolers, and ice machines for industrial and commercial applications. It also sells a variety of non-equipment products including parts, ductwork, air movement products, insulation, tools, installation supplies, thermostats, and air quality products. It distributes products manufactured by Flexible Technologies, Inc. (Flexible Technologies), Resideo Technologies, Inc. (Resideo), Copeland Corporation, LLC, The Chemours Company (Chemours), Mueller Industries, Inc. (Mueller), and Welbilt, Inc. (Welbilt), among others. The Company operates in approximately 692 locations.
WATSCO, INC. 
