Watsco (NYSE:WSO.B) Sets New 1-Year High – Still a Buy?

Watsco Inc (NYSE:WSO.BGet Free Report) shares hit a new 52-week high during trading on Friday . The stock traded as high as $535.00 and last traded at $535.00, with a volume of 200 shares traded. The stock had previously closed at $519.70.

Watsco Price Performance

The business’s 50-day moving average is $517.58 and its two-hundred day moving average is $488.42. The firm has a market cap of $21.60 billion, a P/E ratio of 41.34 and a beta of 0.58.

Watsco Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th were issued a $2.70 dividend. This represents a $10.80 annualized dividend and a dividend yield of 2.02%. The ex-dividend date of this dividend was Wednesday, October 16th. Watsco’s payout ratio is 83.46%.

Watsco Company Profile

(Get Free Report)

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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