Watsco Inc to Issue Quarterly Dividend of $2.70 (NYSE:WSO.B)

Watsco Inc (NYSE:WSO.B) announced a quarterly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders 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 dividend yield of 2.02%. The ex-dividend date is Friday, January 17th.

Watsco Price Performance

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

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.