Watsco (NYSE:WSO.B) Sees Large Volume Increase – What’s Next?

Watsco Inc (NYSE:WSO.BGet Free Report) saw unusually-strong trading volume on Monday . Approximately 737 shares were traded during mid-day trading, an increase of 9% from the previous session’s volume of 679 shares.The stock last traded at $478.09 and had previously closed at $484.25.

Watsco Stock Performance

The stock has a market capitalization of $19.30 billion, a PE ratio of 36.94 and a beta of 0.60. The firm’s 50 day moving average is $512.91 and its two-hundred day moving average is $496.58.

Watsco Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were issued a dividend of $2.70 per share. This represents a $10.80 annualized dividend and a dividend yield of 2.26%. The ex-dividend date was Friday, January 17th. Watsco’s payout ratio is 83.46%.

Watsco Company Profile

(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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