Shares of Watsco Inc (NYSE:WSO.B – Get Free Report) crossed 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 traded.
Watsco Stock Down 8.8 %
The company has a market cap of $19.71 billion, a P/E ratio of 37.72 and a beta of 0.61. The business has a fifty day moving average price of $519.62 and a 200-day moving average price of $493.82.
Watsco Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be given a dividend of $2.70 per share. This represents a $10.80 annualized dividend and a yield of 2.21%. The ex-dividend date of this dividend is Friday, January 17th. Watsco’s 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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