---
title: "This HVAC Company Has Raised Its Dividend 10%. Business Is Booming"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281396196.md"
description: "Watsco (WSO), a leading HVAC company, has raised its dividend by 10% to $3.30 per share, reflecting strong earnings and a commitment to returning value to shareholders. This marks the 13th consecutive year of dividend increases for the company, which has paid dividends for 52 years. The new dividend offers a yield of 3.63% and is payable to shareholders on April 30, with an ex-dividend date of April 16. WSO stock has risen 7% this year, driven by increased demand for its products, particularly in AI data centers."
datetime: "2026-04-01T15:36:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281396196.md)
  - [en](https://longbridge.com/en/news/281396196.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281396196.md)
---

# This HVAC Company Has Raised Its Dividend 10%. Business Is Booming

Watsco (WSO), a leading HVAC company, has raised its dividend 10% on the back of strong earnings.

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The company, which specializes in air conditioning, heating and refrigeration equipment and supplies, declared a quarterly dividend of $3.30 per share, a 10% increase from its previous dividend of $3.00. The new distribution gives WSO stock a strong yield of 3.63%.

The new dividend is payable to shareholders of record on April 30. The ex-dividend date has been set at April 16. Watsco has now raised its dividend for 13 consecutive years as it prioritizes returning value to its stockholders.

## **WSO Stock Rises**

The latest dividend hike comes with WSO stock on an upswing. So far this year, Watsco's share price has 7%, outperforming the broader market as demand for its products grows, in part, due to the buildout of artificial intelligence (AI) data centers that rely on cooling systems.

Watsco has now paid a dividend to its shareholders for 52 consecutive years. Management says that a strong balance sheet should support continued dividend increases in years to come.

### Related Stocks

- [WSO.US](https://longbridge.com/en/quote/WSO.US.md)
- [WSO.B.US](https://longbridge.com/en/quote/WSO.B.US.md)

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