Shares of Watsco Inc (NYSE:WSO.B – Get Free Report) saw an uptick in trading volume on Tuesday . 401 shares changed hands during trading, an increase of 928% from the previous session’s volume of 39 shares.The stock last traded at $501.60 and had previously closed at $535.00.
Watsco Trading Down 5.1 %
The company has a market cap of $20.49 billion, a P/E ratio of 39.22 and a beta of 0.61. The stock’s 50 day moving average is $519.00 and its 200-day moving average is $494.47.
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 2.13%. The ex-dividend date is Friday, January 17th. Watsco’s dividend payout ratio is currently 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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