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NEW YORK ( TheStreet) -- The ex-dividend date for Watsco (NYSE: WSO) is Monday, January 13, 2014. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $94.62 as of 9:50 a.m. ET, the dividend yield is 1.7%. The average volume for Watsco has been 306,800 shares per day over the past 30 days. Watsco has a market cap of $2.79 billion and is part of the services sector and wholesale industry. Shares are down 2.7% year to date as of the close of trading on Thursday. Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment in the United States, Canada, Puerto Rico, and Mexico. The company has a P/E ratio of 28.4, above the S&P 500 P/E ratio of 17.7.