COCONUT GROVE, Fla. COCONUT GROVE, Fla., Feb 17, 2010 (BUSINESS WIRE) -- Watsco, Inc. (NYSE:WSO) announced today that its Board of Directors increased its regular quarterly cash dividend rate by 8% to 52 cents per share from 48 cents per share on each outstanding share of its Common and Class B common stock.

Albert H. Nahmad, Watsco's President and Chief Executive Officer, stated: "We are pleased that shareholders can participate in increasing cash dividends as this marks our eighth consecutive year of increase."

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