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Watsco (NYSE:WSO.B) Sees Unusually-High Trading Volume - Time to Buy?

Watsco logo with Construction background

Shares of Watsco Inc (NYSE:WSO.B - Get Free Report) saw strong trading volume on Monday . 737 shares changed hands during mid-day trading, an increase of 9% from the previous session's volume of 679 shares.The stock last traded at $478.09 and had previously closed at $484.25.

Watsco Price Performance

The business has a 50 day moving average price of $509.03 and a 200 day moving average price of $496.55. The stock has a market cap of $19.24 billion, a P/E ratio of 36.83 and a beta of 0.60.

Watsco Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were given a $2.70 dividend. The ex-dividend date was Friday, January 17th. This represents a $10.80 annualized dividend and a yield of 2.27%. Watsco's dividend payout ratio (DPR) is 83.46%.

About Watsco

(Get Free Report)

Watsco, Inc, together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.

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