Watsco (NYSE:WSO.B) Hits New 12-Month High at $445.15

Watsco Inc (NYSE:WSO.B - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The company traded as high as $445.15 and last traded at $445.15, with a volume of 300 shares traded. The stock had previously closed at $424.75.

Watsco Price Performance

The firm has a market capitalization of $17.94 billion, a price-to-earnings ratio of 34.24 and a beta of 0.57. The business's 50-day moving average is $430.09 and its two-hundred day moving average is $406.20. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.31 and a current ratio of 2.92.

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

Watsco Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th were paid a dividend of $2.70 per share. This is a boost from Watsco's previous quarterly dividend of $2.45. This represents a $10.80 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend was Friday, April 12th. Watsco's dividend payout ratio (DPR) is currently 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.