Comfort Systems USA, Inc.

New York Stock Exchange
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Bullish +55

FIX Dividend History: 0.19% Yield · $0.90 quarterly | MerryDiv

AI-generated analysis

🏢 Comfort Systems USA (FIX) operates in the mechanical and electrical services industry, providing HVAC, plumbing, fire protection, and remote monitoring for commercial and industrial buildings.

💰 The company pays a $3.00 annual dividend ($0.90 quarterly), resulting in a current yield of 0.19% at a share price of approximately $1,610.

📈 FIX has increased its dividend for 19 consecutive years, with a compound annual growth rate (CAGR) of 17.7% from 2011 to 2025.

🛡️ The company maintains a highly conservative payout ratio of only 6.4%, retaining most earnings to support future dividend growth and business resilience.

📉 FIX stock exhibits high volatility with a beta of 1.701, reflecting amplified price swings relative to the broader market.

🔧 The business model spans new building design, engineering, installation, and ongoing maintenance, repair, and replacement services across the United States.

Bullish Signals
  • Comfort Systems USA maintains a highly conservative payout ratio of only 6.4%, retaining the vast majority of earnings to support future dividend growth and business resilience.
  • The company has achieved 19 consecutive years of annual dividend increases, demonstrating a strong track record of shareholder returns despite a low current yield.
  • FIX delivered a compound annual dividend growth rate (CAGR) of 17.7% from 2011 to 2025, significantly outpacing many industrial peers in terms of per-share value creation.
Risk Factors
  • The stock carries a high beta of 1.701, indicating that price swings are amplified relative to the broader market and may not suit low-volatility income investors.
  • The current dividend yield is very low at 0.19%, which provides minimal immediate income compared to high-yield alternatives in the market.
Full Analysis
Comfort Systems USA, Inc. (FIX) is a Houston-based industrial services company founded in 1917 that specializes in the installation, maintenance, and repair of mechanical and electrical systems, including HVAC, plumbing, and fire protection for commercial and institutional buildings. The company operates through two primary segments: Mechanical and Electrical, serving building owners, developers, and general contractors with new construction design and renovation services. As of September 2026, FIX trades at a price that yields a low 0.19% annual dividend based on a $3.00 trailing annual rate paid quarterly. Despite the modest current yield, the company has demonstrated exceptional capital allocation discipline by growing its per-share dividend at a compound annual growth rate (CAGR) of 17.7% from 2011 to 2025, resulting in 19 consecutive years of increases. Financially, FIX maintains a conservative payout ratio of only 6.4%, retaining the vast majority of earnings to fund future growth and dividend hikes. While the stock carries a high beta of 1.701 indicating significant price volatility relative to the broader market, the low payout ratio provides a wide safety buffer that supports the current dividend level even if business conditions soften.