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Watsco Inc.'s board of directors has declared a regular quarterly cash dividend of $1.95 on each outstanding share of its Common and Class B common stock payable on January 31, 2022 to shareholders of record at the close of business on Jan. 17, 2022.
Watsco has paid dividends for 48 consecutive years. The company’s philosophy is to share increasing amounts of cash flow with shareholders through higher dividends while maintaining a conservative financial position. Future dividends will be considered in light of investment opportunities, cash flow, general economic conditions and the Company’s financial condition.