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

Watsco Inc (NYSE:WSO.BGet Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as $535.00 and last traded at $535.00, with a volume of 200 shares changing hands. The stock had previously closed at $519.70.

Watsco Stock Up 2.9 %

The firm has a market cap of $21.60 billion, a price-to-earnings ratio of 41.34 and a beta of 0.61. The business’s fifty day moving average is $504.46 and its two-hundred day moving average is $478.74.

Watsco Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Wednesday, October 16th were issued a dividend of $2.70 per share. This represents a $10.80 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date was Wednesday, October 16th. 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 Stories

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.