MIAMI, FLORIDA – (GLOBENEWSWIRE), April 1, 2026 – Âé¶¹Ö±²¥.’s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $3.30 on each outstanding share of its Common and Class B common stock payable on April 30, 2026 to shareholders of record at the close of business on April 16, 2026. This marks a 10% increase to an annual rate of $13.20 per share.
Albert H. Nahmad, Âé¶¹Ö±²¥â€™s Chairman & CEO stated: “We are pleased to increase dividends to shareholders, reflecting our continued confidence in our business, which is fundamentally supported by our strong balance sheet.â€
Âé¶¹Ö±²¥ has paid dividends to shareholders for 52 consecutive years. The Company’s philosophy is to share cash flow through dividends while maintaining a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends are considered in light of investment opportunities, cash flow, general economic conditions and Âé¶¹Ö±²¥â€™s overall financial condition.
About Âé¶¹Ö±²¥
Âé¶¹Ö±²¥ is the largest distributor in the highly-fragmented North American HVAC/R market. Since entering distribution in 1989, Âé¶¹Ö±²¥ has achieved a 17% compounded annual total-shareholder return through a combination of organic growth and the acquisition of more than 70 market-leading businesses.
Âé¶¹Ö±²¥â€™s solid financial position and culture of innovation has enabled investments in long-term growth, including the Company’s industry-leading technology platforms. Today, approximately 73,000 contractors, installers and technicians engage digitally with the Company, resulting in improved growth and lower attrition. The Company is now advancing AI-driven initiatives to leverage its extensive data assets to enhance the customer experience and improve efficiencies. These investments position Âé¶¹Ö±²¥ to capture market share as contractors increasingly adopt digital tools and incorporate data-driven solutions in their businesses.