Watsco (NYSE:WSO.B) Sets New 1-Year High at $445.15

Shares of Watsco Inc (NYSE:WSO.B) reached a new 52-week high on Monday . The company traded as high as $445.15 and last traded at $445.15, with a volume of 6 shares trading hands. The stock had previously closed at $445.15.

Watsco Trading Up 5.0 %

The firm has a market cap of $18.83 billion, a price-to-earnings ratio of 35.94 and a beta of 0.57. The company has a quick ratio of 1.31, a current ratio of 2.92 and a debt-to-equity ratio of 0.01. The business’s fifty day moving average is $447.61 and its two-hundred day moving average is $420.10.

Watsco (NYSE:WSO.B) last released its earnings results on Wednesday, April 24th. The construction company reported $2.17 earnings per share for the quarter. The firm had revenue of $1.56 billion for the quarter. Watsco had a return on equity of 19.26% and a net margin of 7.03%.

Watsco Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th were issued a $2.70 dividend. This is an increase from Watsco’s previous quarterly dividend of $2.45. This represents a $10.80 annualized dividend and a dividend yield of 2.31%. The ex-dividend date was Friday, April 12th. Watsco’s dividend payout ratio is 83.08%.

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.