Watsco (NYSE:WSO.B) Reaches New 1-Year High – Here’s What Happened

Watsco Inc (NYSE:WSO.B)’s stock price reached a new 52-week high on Monday . The stock traded as high as $535.00 and last traded at $535.00, with a volume of 11 shares changing hands. The stock had previously closed at $535.00.

Watsco Stock Performance

The company’s 50 day moving average price is $501.06 and its 200-day moving average price is $476.49. The company has a market cap of $21.60 billion, a price-to-earnings ratio of 42.69 and a beta of 0.58.

Watsco Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Wednesday, October 16th were given a $2.70 dividend. The ex-dividend date was Wednesday, October 16th. This represents a $10.80 annualized dividend and a yield of 2.02%. Watsco’s dividend payout ratio (DPR) is 83.46%.

Watsco Company Profile

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.