Marks the 200th quarter as a result of the dividend payments
Miami, July 01, 2025 (Globe Newswire) -WATSCO, Inc. (NYSE: WSO), has explained a regular quarterly cash dividend of a regular cash dividend
WATSCO has paid 51 consecutive years to the shareholders, whereby this quarter marks the 200 with the 200.TH Sing in the following quarter of the dividend payments. The company's philosophy is to share the cash flow by dividends and at the same time maintain a conservative balance with continued capacity for the establishment of its distribution network. Future changes to the dividends will be taken into account in the light of investment opportunities, cash flow, general economic conditions and the general financial situation of WATSCO.
About WATSCO
WATSCO is the largest heating distributor for heating, air conditioning and cooling (HLK/R) products with locations in the USA, Canada, Mexico and Puerto Rico as well as export base to Latin America and the Caribbean.
The company's focus is on the replacement market, which has increased size and importance due to the aging of installed systems, the introduction of higher energy -efficient models and the need for HLK products in houses and companies. According to data published by the energy information management in March 2023, around 102 million HLK systems are installed in the USA, which have been on duty for more than 10 years, most of which are far below the current minimum efficiency standards.
Accordingly, WATSCO has the opportunity to make an important and important contribution to climate change, as it plays an important role in the lower CO2 emissions. According to the Ministry of Energy, HLK systems make up about half of the household's US energy consumption. It is therefore a crucial means for homeowners at higher efficiency levels to reduce electricity consumption and their CO2 footprint.
Based on estimates that were validated by independent sources, WATSCO derived an estimated 23.7 million tons of CO2E emissions from the sale of replacement HELK systems from January 1, 2025, which corresponds to 5.5 million gas companies annually. Further information, including sources and assumptions used to support the company's estimates, can be found at www.watsco.com.
This document contains certain “future -oriented statements” in the sense of the law on private Securities Litigation Reform of 1995. These future -oriented statements can take into account, among other things, our expected financial and operational results and the associated assumptions that are based on our expected results. These future -oriented statements differ from the use of words like “will”, “dignity”, “expect”, “expect”, “faith”, “design”, “plan” or “intends”, the negative of these terms and similar references to future periods. These statements are based on the current expectations of management and are subject to uncertainty and changes in circumstances. The actual results can be significantly from these expectations due to changes in the economic, business, the competition market, the new start of the apartment and the degrees, capital expenditure in commercial construction, consumer expenditure and the level of debt, regulatory and other factors, including the effects of the supplier concentration, the competition conditions in the WATSCO industry, the effects of the effects Supplier concentration, the insurance adjustments, the insurance complaint and the creation of insurance, the insurance complaint and the insurance complaint, the insurance complaints and the insurance complaints, the insurance complaints and the insurance complaints and the insurance complaints, the insurance complaints and the insurance complaint and the insurance procurement, significantly deviate.
You can find detailed information on these factors and additional important factors in the documents that Watsco submit with the Securities and Exchange Commission, such as: B. Form 10-K, Form 10-Q and Form 8-K. Future -oriented statements only speak at the time of the date at which the statements were made. Watsco assumes no obligation to update future -oriented information in order to reflect the actual results, changes in the assumptions or changes from other factors that influence future information, provided this is necessary in the law.
Barry S. Logan
Executive Vice President
(305) 714-4102
Email: blogan @watsco.com
