Watsco Inc (NYSE:WSO.B) Announces $2.70 Quarterly Dividend

Watsco Inc (NYSE:WSO.B) declared a quarterly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Friday, January 17th will be given a dividend of 2.70 per share by the construction company on Friday, January 31st. This represents a $10.80 annualized dividend and a yield of 2.02%. The ex-dividend date is Friday, January 17th.

Watsco Price Performance

Shares of Watsco stock remained flat at $535.00 during mid-day trading on Friday. 200 shares of the company’s stock traded hands, compared to its average volume of 512. Watsco has a 1 year low of $390.00 and a 1 year high of $535.00. The firm’s 50 day moving average is $522.23 and its 200-day moving average is $491.97. The stock has a market capitalization of $21.60 billion, a P/E ratio of 41.34 and a beta of 0.58.

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.