Comfort Systems USA increases quarterly dividend by 10%

Published 25/07/2025, 05:12
Comfort Systems USA increases quarterly dividend by 10%

HOUSTON - Comfort Systems USA, Inc. (NYSE:FIX) announced Thursday that its board of directors has declared a quarterly dividend of $0.50 per share, representing a $0.05 increase from its previous dividend payment. The company has consistently raised its dividend for 12 consecutive years, demonstrating strong commitment to shareholder returns. According to InvestingPro data, the company maintains a perfect Piotroski Score of 9, indicating excellent financial strength.

The dividend will be payable on August 25, 2025, to stockholders of record at the close of business on August 14, 2025, according to a company press release.

This increase marks a 10% rise from the company’s most recent dividend distribution.

Comfort Systems USA provides commercial, industrial and institutional heating, ventilation, air conditioning and electrical contracting services across the United States.

The company operates 180 locations in 135 cities nationwide, according to the statement.

In other recent news, Comfort Systems USA reported impressive second-quarter earnings that significantly exceeded analyst expectations. The company announced earnings of $6.53 per share, which was 35% higher than the analyst estimates of $4.84. Additionally, Comfort Systems USA achieved revenue of $2.17 billion, surpassing the consensus estimate of $1.97 billion. This marks a 20% increase from the $1.81 billion in revenue reported in the same quarter last year. The substantial growth in earnings and revenue highlights the strong demand in key markets. These developments have captured the attention of investors and analysts alike.

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