Watsco Inc (NYSE:WSO.B – Get Free Report)’s stock price shot up 10.6% during mid-day trading on Tuesday . The stock traded as high as $483.79 and last traded at $520.71. 121 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 257 shares. The stock had previously closed at $470.74.
Watsco Stock Up 1.7 %
The firm has a 50 day simple moving average of $498.90 and a 200-day simple moving average of $496.82. The stock has a market cap of $21.01 billion, a P/E ratio of 39.27 and a beta of 0.60.
Watsco Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were paid a dividend of $2.70 per share. The ex-dividend date was Friday, January 17th. This represents a $10.80 dividend on an annualized basis and a dividend yield of 2.08%. Watsco’s dividend payout ratio (DPR) is currently 81.51%.
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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