Watsco Declares Quarterly Dividends
Ticker: WSO-B · Form: 8-K · Filed: Jul 30, 2024 · CIK: 105016
| Field | Detail |
|---|---|
| Company | Watsco Inc (WSO-B) |
| Form Type | 8-K |
| Filed Date | Jul 30, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: dividend, shareholder-return
TL;DR
WATS declared $2.25 common & $2.00 Class B dividends, payable Aug 30.
AI Summary
Watsco Inc. announced on July 30, 2024, that its Board of Directors declared a quarterly cash dividend of $2.25 per share on its common stock and $2.00 per share on its Class B common stock. These dividends are payable on August 30, 2024, to shareholders of record as of August 15, 2024.
Why It Matters
This announcement indicates continued financial health and a commitment to returning value to shareholders through regular dividend payments.
Risk Assessment
Risk Level: low — The filing is a routine dividend declaration, which is a standard corporate action with low inherent risk.
Key Numbers
- $2.25 — Quarterly Dividend (Common Stock) (Amount per share declared for common stock.)
- $2.00 — Quarterly Dividend (Class B Common Stock) (Amount per share declared for Class B common stock.)
Key Players & Entities
- Watsco Inc. (company) — Registrant
- $2.25 (dollar_amount) — Quarterly cash dividend per share on common stock
- $2.00 (dollar_amount) — Quarterly cash dividend per share on Class B common stock
- August 30, 2024 (date) — Payment date for dividends
- August 15, 2024 (date) — Record date for dividends
FAQ
What is the amount of the quarterly cash dividend declared for Watsco Inc.'s common stock?
Watsco Inc. declared a quarterly cash dividend of $2.25 per share on its common stock.
What is the amount of the quarterly cash dividend declared for Watsco Inc.'s Class B common stock?
Watsco Inc. declared a quarterly cash dividend of $2.00 per share on its Class B common stock.
When will the declared dividends be paid?
The dividends are payable on August 30, 2024.
Who is eligible to receive the declared dividends?
Shareholders of record as of August 15, 2024, are eligible to receive the dividends.
What type of filing is this for Watsco Inc. on July 30, 2024?
This is a Form 8-K filing, reporting current information.
Filing Stats: 555 words · 2 min read · ~2 pages · Grade level 9.8 · Accepted 2024-07-30 07:30:56
Key Financial Figures
- $0.50 — ange on which registered Common stock, $0.50 par value WSO New York Stock Exchan
Filing Documents
- d875220d8k.htm (8-K) — 26KB
- d875220dex991.htm (EX-99.1) — 115KB
- g875220g90b01.jpg (GRAPHIC) — 4KB
- 0001193125-24-188253.txt ( ) — 320KB
- wso-20240730.xsd (EX-101.SCH) — 4KB
- wso-20240730_def.xml (EX-101.DEF) — 13KB
- wso-20240730_lab.xml (EX-101.LAB) — 22KB
- wso-20240730_pre.xml (EX-101.PRE) — 14KB
- d875220d8k_htm.xml (XML) — 6KB
01 . Financial Statements and Exhibits
Item 9.01 . Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 99.1 Press release dated July 30, 2024 issued by Watsco, Inc. 104 Cover Page Interactive Date File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WATSCO, INC. Dated: July 30, 2024 By: /s/ Ana M. Menendez Ana M. Menendez, Chief Financial Officer