Watsco Inc (NYSE:WSO.B – Get Free Report)’s stock price 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.
Watsco Trading Down 8.8 %
The firm’s 50 day simple moving average is $519.62 and its 200-day simple moving average is $493.82. The stock has a market capitalization of $19.71 billion, a price-to-earnings ratio of 37.72 and a beta of 0.61.
Watsco Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be paid a $2.70 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $10.80 annualized dividend and a dividend yield of 2.21%. Watsco’s dividend payout ratio is presently 83.46%.
About Watsco
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.
Featured Stories
- Five stocks we like better than Watsco
- When to Sell a Stock for Profit or Loss
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- Stock Market Sectors: What Are They and How Many Are There?
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- How Can Investors Benefit From After-Hours Trading
- MarketBeat Week in Review – 01/13 – 01/17
Receive News & Ratings for Watsco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Watsco and related companies with MarketBeat.com's FREE daily email newsletter.