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WSO (Watsco) Forward Dividend Yield % : 2.33% (As of Oct. 31, 2024)


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What is Watsco Forward Dividend Yield %?

As of today (2024-10-31), the Forward Annual Dividend Yield of Watsco is 2.33%.

As of today (2024-10-31), the Trailing Annual Dividend Yield of Watsco is 2.27%.

WSO's Forward Dividend Yield % is ranked worse than
66.67% of 105 companies
in the Industrial Distribution industry
Industry Median: 3.13 vs WSO: 2.33

Watsco's Dividends per Share for the three months ended in Sep. 2024 was $2.70.

During the past 12 months, Watsco's average Dividends Per Share Growth Rate was 7.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 21.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Watsco was 75.30% per year. The lowest was -17.40% per year. And the median was 10.45% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Watsco's Forward Dividend Yield %

For the Industrial Distribution subindustry, Watsco's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Watsco's Forward Dividend Yield % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Watsco's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Watsco's Forward Dividend Yield % falls into.



Watsco Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Watsco Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 2.7000002024-10-162024-10-162024-10-31Cash DividendquarterlyUSD:USD 1.000000
USD 2.7000002024-07-162024-07-162024-07-31Cash DividendquarterlyUSD:USD 1.000000
USD 2.7000002024-04-122024-04-152024-04-30Cash DividendquarterlyUSD:USD 1.000000
USD 2.4500002024-01-162024-01-172024-01-31Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Watsco's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=10.8/473.01
=2.28 %

Current Share Price is $473.01.
Watsco's Dividends per Share for the forward twelve months is calculated as $2.7 * 4 = $10.8.

Watsco's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=10.55/473.01
=2.23 %

Current Share Price is $473.01.
Watsco's Dividends per Share for the trailing twelve months (TTM) ended in Today is $10.55.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Watsco  (NYSE:WSO) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Watsco Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Watsco's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Watsco Business Description

Traded in Other Exchanges
Address
2665 South Bayshore Drive, Suite 901, Miami, FL, USA, 33133
Watsco is the largest heating, ventilation, air conditioning, and refrigeration products distributor in North America. The company primarily operates in the United States (90% of 2023 revenue) with significant exposure in the Sunbelt states. Watsco also has operations in Canada (5% of sales) and Latin America (5% of sales). The company's customer base consists of more than 125,000 contractors that serve the replacement and new construction HVACR markets for residential and light commercial applications.
Executives
Ana Lopez-blazquez director 2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
Valerie Schimel director 2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
John Alexander Macdonald director 2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
Stephen F. Rush officer: EVP and COO 2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
John Michael Custer director 2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
Brian E. Keeley director 2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
Steven Rubin director 2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
Barry S Logan officer: Senior Vice President
Watsco Inc director 2665 SOUTH BAYSHORE DR, STE 901, COCONUT GROVE FL 33133
Jason Epstein director % COLUMBUS ACQUISITION CORP, 153 EAST 53RD STREET 58TH FLOOR, NEW YORK NY 10022
United Technologies Corp /de/ 10 percent owner 1000 WILSON BLVD, ARLINGTON VA 22209
David C. Darnell director 100 NORTH TRYON STREET, CHARLOTTE NC 28255
Paul F Manley director C/O GENTA INC., TWO VANWAY, BERKELEY HEIGHTS NJ 07922
Bob L Moss director
Denise Dickins director 1867 TRAVIS CIRCLE, WEST PALM BEACH FL 33406

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