Watsco (NYSE:WSO.B) Sees Unusually-High Trading Volume – What’s Next?

Shares of Watsco Inc (NYSE:WSO.BGet 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 Stock Performance

The company has a market capitalization of $20.49 billion, a PE ratio of 39.22 and a beta of 0.61. The company’s fifty day moving average is $519.00 and its 200-day moving average is $494.47.

Watsco Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be given a $2.70 dividend. The ex-dividend date is Friday, January 17th. This represents a $10.80 annualized dividend and a dividend yield of 2.13%. Watsco’s payout ratio is 83.46%.

About Watsco

(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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