Shares of Watsco Inc (NYSE:WSO.B – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $493.38 and traded as low as $469.95. Watsco shares last traded at $491.11, with a volume of 40 shares trading hands.
Watsco Stock Performance
The company has a market capitalization of $19.83 billion, a PE ratio of 37.95 and a beta of 0.61. The stock’s 50 day moving average is $520.24 and its 200 day moving average is $493.38.
Watsco Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be paid a $2.70 dividend. This represents a $10.80 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend is Friday, January 17th. Watsco’s dividend payout ratio is presently 83.46%.
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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