Watsco Inc (NYSE:WSO.B – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $518.97 and last traded at $518.97, with a volume of 7 shares. The stock had previously closed at $518.97.
Watsco Price Performance
The company has a fifty day simple moving average of $490.62 and a 200-day simple moving average of $471.26. The firm has a market cap of $20.96 billion, a P/E ratio of 40.11 and a beta of 0.58.
Watsco Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 16th were paid a dividend of $2.70 per share. The ex-dividend date was Wednesday, October 16th. This represents a $10.80 annualized dividend and a yield of 2.08%. Watsco’s payout ratio is 83.46%.
About Watsco
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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