Watsco Inc (NYSE:WSO.B - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $535.00, but opened at $475.15. Watsco shares last traded at $492.09, with a volume of 401 shares traded.
Watsco Stock Performance
The company's 50-day moving average is $516.17 and its 200 day moving average is $496.60. The company has a market capitalization of $19.89 billion, a PE ratio of 38.07 and a beta of 0.61.
Watsco Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be paid a dividend of $2.70 per share. This represents a $10.80 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Friday, January 17th. Watsco's dividend payout ratio is currently 83.46%.
About Watsco
(
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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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