Watsco (NYSE:WSO.B) Sees Strong Trading Volume – Time to Buy?

Shares of Watsco Inc (NYSE:WSO.BGet Free Report) saw an uptick in trading volume on Tuesday . 472 shares changed hands during mid-day 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 firm has a market capitalization of $19.98 billion, a P/E ratio of 37.46 and a beta of 0.60. The firm has a 50 day moving average price of $495.14 and a 200-day moving average price of $499.26.

Watsco Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were given a $2.70 dividend. This represents a $10.80 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date of this dividend was Friday, January 17th. Watsco’s dividend payout ratio (DPR) is currently 81.51%.

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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