Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Increases Dividend to $24.59 Per Share

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) announced an annual dividend on Monday, April 28th, Wall Street Journal reports. Investors of record on Wednesday, May 28th will be paid a dividend of 24.585 per share by the transportation company on Monday, June 9th. This represents a yield of 8.6%. The ex-dividend date of this dividend is Wednesday, May 28th. This is a 339.3% increase from Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s previous annual dividend of $5.60.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. has increased its dividend by an average of 11.9% annually over the last three years.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Price Performance

Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock traded up $6.33 during mid-day trading on Friday, hitting $322.58. 8,900 shares of the company were exchanged, compared to its average volume of 45,609. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 1-year low of $248.88 and a 1-year high of $356.90. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20. The business has a fifty day moving average of $280.31 and a 200 day moving average of $272.88. The company has a market capitalization of $9.68 billion, a PE ratio of 12.12, a price-to-earnings-growth ratio of 7.16 and a beta of 0.73.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The transportation company reported $5.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.77 by ($0.03). The firm had revenue of $430.05 million for the quarter, compared to analyst estimates of $462.98 million. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 26.25% and a net margin of 50.08%. As a group, sell-side analysts expect that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 23 earnings per share for the current year.

Analyst Ratings Changes

Separately, Jefferies Financial Group decreased their price target on Grupo Aeroportuario del Sureste, S. A. B. de C. V. from $321.00 to $310.00 and set a "hold" rating on the stock in a research report on Wednesday, February 12th.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Company Profile

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.