Watsco Declares Quarterly Dividend

January 4, 2010 at 7:30 AM EST
COCONUT GROVE, Fla., Jan 04, 2010 (BUSINESS WIRE) -- Watsco, Inc. (NYSE: WSO) announced today that its Board of Directors has declared a regular quarterly cash dividend of 48 cents on each outstanding share of its Common and Class B common stock. The cash dividend is payable on January 29, 2010 to shareholders of record at the close of business on January 15, 2010.

Watsco is the largest distributor of air conditioning, heating and refrigeration equipment and related parts and supplies in the HVAC/R industry, currently operating 504 locations serving over 50,000 customers in 36 states, Puerto Rico, Latin America and the Caribbean. The Company's goal is to build a network of locations that provide the finest service and product availability for HVAC/R contractors, assisting and supporting them as they serve homeowners and businesses. Additional information about Watsco may be found on the Internet at http://www.watsco.com.

SOURCE: Watsco, Inc.

Watsco, Inc.
Barry S. Logan, Senior Vice President, 305-714-4102
blogan@watsco.com
www.watsco.com