WSO, US9426222009

Watsco declares a USD 3.30 dividend and Watsco stock falls 1.38 percent

Published on 10/02/2026 at 19:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The dividend is payable October 30, 2026 to holders of record October 16. Watsco stock costs EUR 264.20 on October 2, 2026 after EUR 267.90.

WSO, US9426222009, Illustration mit AI erstellt.

Watsco (ISIN US9426222009) declared a USD 3.30 quarterly dividend on October 1, 2026, payable October 30 to shareholders of record on October 16, according to Watsco. Watsco stock fell 1.38 percent to EUR 264.20 at Lang & Schwarz on October 2, 2026 at 7:30 p.m. CEST, versus a prior close of EUR 267.90 on October 1.

Dividend signals cash return

The payout applies to both common stock classes and extends Watsco's dividend record to 52 consecutive years, the company said in its October 1 release. That history gives the announcement more weight than a routine calendar update, although the USD 3.30 payment is scheduled alongside a stated need to balance dividends with investment and acquisition opportunities.

The annualized dividend is USD 13.20 per share. Based on the latest NYSE quote of USD 297.49 at 5:30 p.m. UTC on October 2, 2026, the implied cash yield is 4.44 percent, calculated from the annualized payout and the primary-exchange price.

Second-quarter miss shapes estimates

Watsco reported USD 2.10 billion of revenue in the second quarter of 2026, up 2.10 percent from the prior-year quarter, while diluted earnings per share came to USD 4.00, according to MarketBeat. Revenue was USD 40.00 million below the USD 2.14 billion consensus estimate, while earnings per share missed the USD 4.41 consensus by USD 0.41.

The latest analyst revisions keep the operating picture mixed. MarketBeat reported that Zacks Research lowered its third-quarter 2028 earnings estimate to USD 5.20 per share from USD 5.24 on September 23, 2026. The same report put the broker consensus at Hold with an average target of USD 395.50, while individual targets ranged from USD 330.00 to USD 485.00.

Watsco stock trades after-hours

At Lang & Schwarz, Watsco stock was trading at EUR 264.20 on October 2, 2026 at 7:30 p.m. CEST in the after-hours phase. The price was down 1.38 percent versus the Lang & Schwarz prior close of EUR 267.90 on October 1, giving investors a clear market reference while the next dividend payment remains scheduled for October 30.