Comfort Systems USA Increases Quarterly Dividend

Rhea-AI Summary

Comfort Systems USA, Inc. (NYSE: FIX) has announced a quarterly dividend of $0.14 per share, reflecting a $0.01 increase from its previous dividend. This dividend will be payable on May 27, 2022, to stockholders of record by the close of business on May 16, 2022. The company operates 173 locations across 128 cities, providing commercial and industrial HVAC and electrical contracting services.

Positive

• Quarterly dividend increased from $0.13 to $0.14 per share.
• Confidence in business growth reflected through dividend increase.

Negative

• None.

HOUSTON--(BUSINESS WIRE)-- Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of commercial, industrial and institutional heating, ventilation, air conditioning and electrical contracting services, today announced that its board of directors declared a quarterly dividend of $0.14 per share, which is a $0.01 increase from the Company’s most recent dividend, on Comfort Systems USA, Inc. common stock. The dividend is payable on May 27, 2022 to stockholders of record at the close of business on May 16, 2022.

Comfort Systems USA® is a premier provider of business solutions addressing workplace comfort, with 173 locations in 128 cities across the nation. For more information, visit the Company’s website at www.comfortsystemsusa.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220427005786/en/

Julie Shaeff, Chief Accounting Officer

ir@comfortsystemsusa.com ; 713-830-9687

Source: Comfort Systems USA, Inc.

FAQ

What is the dividend amount declared by Comfort Systems USA?

The dividend amount declared is $0.14 per share.

When is the dividend payable?

The dividend is payable on May 27, 2022.

When is the record date for the dividend?

The record date for the dividend is May 16, 2022.

How frequently does Comfort Systems USA pay dividends?

Comfort Systems USA pays dividends quarterly.

Is the dividend increase a positive indicator for shareholders?

Yes, the increase in dividend indicates the company's confidence in its ongoing business growth.