Watsco (NYSE:WSO.B) Hits New 1-Year High – What’s Next?

Watsco Inc (NYSE:WSO.BGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $518.97 and last traded at $518.97, with a volume of 7 shares trading hands. The stock had previously closed at $518.97.

Watsco Price Performance

The stock has a 50 day simple moving average of $490.62 and a 200-day simple moving average of $471.26. The firm has a market cap of $20.96 billion, a PE ratio of 40.11 and a beta of 0.58.

Watsco Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 16th were given a dividend of $2.70 per share. This represents a $10.80 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date was Wednesday, October 16th. Watsco’s dividend payout ratio (DPR) is presently 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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