Shares of Watsco Inc (NYSE:WSO.B – Get Free Report) rose 10.6% on Tuesday . The company traded as high as $483.79 and last traded at $520.71. Approximately 121 shares were traded during mid-day trading, a decline of 53% from the average daily volume of 257 shares. The stock had previously closed at $470.74.
Watsco Stock Performance
The stock has a fifty day simple moving average of $498.90 and a two-hundred day simple moving average of $496.82. The stock has a market cap of $21.01 billion, a price-to-earnings ratio of 39.27 and a beta of 0.60.
Watsco Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were issued a $2.70 dividend. This represents a $10.80 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date was Friday, January 17th. Watsco’s dividend payout ratio is presently 81.51%.
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.
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