Watsco Inc (NYSE:WSO.B - Get Free Report)'s stock price traded down 8.4% during trading on Tuesday . The stock traded as low as $469.95 and last traded at $490.17. 401 shares traded hands during trading, an increase of 928% from the average session volume of 39 shares. The stock had previously closed at $535.00.
Watsco Stock Down 9.2 %
The business's 50 day simple moving average is $516.17 and its 200 day simple moving average is $496.60. The company has a market capitalization of $19.61 billion, a PE ratio of 37.54 and a beta of 0.61.
Watsco Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be issued a dividend of $2.70 per share. The ex-dividend date is Friday, January 17th. This represents a $10.80 dividend on an annualized basis and a dividend yield of 2.22%. 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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