Watsco Declares Quarterly Dividend

July 1, 2009 at 7:31 AM EDT

COCONUT GROVE, Fla.--(BUSINESS WIRE)--Jul. 1, 2009-- 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 stock and Class B common stock. The cash dividend is payable on July 31, 2009 to shareholders of record at the close of business on July 15, 2009.

Watsco is the largest distributor of air conditioning, heating and refrigeration equipment and related parts and supplies in the HVAC/R industry, currently operating 505 locations serving over 50,000 customers in 34 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 the country's homeowners and businesses. Additional information about Watsco may be found on the Internet at http://www.watsco.com.

Source: Watsco, Inc.

Watsco, Inc., Coconut Grove
Barry S. Logan, Senior Vice President, 305-714-4102
e-mail: blogan@watsco.com