Watsco (NYSE:WSO.B) Sets New 52-Week High – Here’s What Happened

Shares of Watsco Inc (NYSE:WSO.BGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $535.00 and last traded at $535.00, with a volume of 32 shares trading hands. The stock had previously closed at $535.00.

Watsco Price Performance

The company has a market cap of $20.80 billion, a P/E ratio of 39.81 and a beta of 0.58. The stock’s 50-day moving average is $509.45 and its two-hundred day moving average is $482.59.

Watsco Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 16th were given 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 2.10%. Watsco’s dividend payout ratio is presently 83.46%.

About Watsco

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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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