Watsco (NYSE:WSO.B) Sees Unusually-High Trading Volume – What’s Next?

Watsco Inc (NYSE:WSO.BGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 472 shares traded hands during trading, a decline of 16% from the previous session’s volume of 565 shares.The stock last traded at $494.88 and had previously closed at $501.35.

Watsco Trading Down 1.3 %

The company has a 50-day moving average of $495.14 and a 200-day moving average of $499.26. The company has a market capitalization of $19.98 billion, a price-to-earnings ratio of 37.46 and a beta of 0.60.

Watsco Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were paid a dividend of $2.70 per share. The ex-dividend date was Friday, January 17th. This represents a $10.80 dividend on an annualized basis and a yield of 2.18%. Watsco’s payout ratio is 81.51%.

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.

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