Watsco Inc (NYSE:WSO.B - Get Free Report) shares shot up 4.5% during mid-day trading on Wednesday . The company traded as high as $507.10 and last traded at $526.36. 100 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 583 shares. The stock had previously closed at $503.71.
Watsco Stock Performance
The company has a market capitalization of $20.84 billion, a P/E ratio of 38.94 and a beta of 0.52. The company has a 50-day simple moving average of $496.28 and a 200 day simple moving average of $502.71.
Watsco Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were paid a $2.70 dividend. This represents a $10.80 annualized dividend and a dividend yield of 2.09%. The ex-dividend date was Friday, January 17th. Watsco's payout ratio is presently 81.51%.
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.
Further Reading
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