Watsco Inc (NYSE:WSO.B – Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $518.97 and last traded at $518.97, with a volume of 134 shares trading hands. The stock had previously closed at $470.90.
Watsco Stock Up 10.2 %
The firm has a market capitalization of $20.93 billion, a P/E ratio of 36.39 and a beta of 0.58. The business’s 50-day simple moving average is $487.23 and its 200 day simple moving average is $468.39.
Watsco Dividend Announcement
The company also recently announced 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 2.08%. The ex-dividend date was Wednesday, October 16th. Watsco’s dividend payout ratio is 83.46%.
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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