Watsco (NYSE:WSO.B) Sets New 1-Year High – Still a Buy?

Shares of Watsco Inc (NYSE:WSO.BGet Free Report) reached a new 52-week high on Thursday . The stock 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 Price Performance

The firm has a fifty day moving average of $488.59 and a two-hundred day moving average of $469.39. The stock has a market capitalization of $20.96 billion, a P/E ratio of 40.11 and a beta of 0.58.

Watsco Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Wednesday, October 16th were issued a $2.70 dividend. The ex-dividend date of this dividend was Wednesday, October 16th. This represents a $10.80 dividend on an annualized basis and a yield of 2.08%. Watsco’s dividend payout ratio is presently 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.

Featured Articles

Receive News & Ratings for Watsco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Watsco and related companies with MarketBeat.com's FREE daily email newsletter.