Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) to Issue -- Dividend of $2.60

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB - Get Free Report) declared a -- dividend on Monday, May 13th, Wall Street Journal reports. Stockholders of record on Wednesday, May 22nd will be paid a dividend of 2.5963 per share by the transportation company on Friday, May 31st. This represents a dividend yield of 5.3%. The ex-dividend date is Tuesday, May 21st. This is a positive change from Grupo Aeroportuario del Centro Norte's previous -- dividend of $2.14.

Grupo Aeroportuario del Centro Norte Price Performance

NASDAQ OMAB traded down $0.15 on Monday, reaching $88.36. 9,918 shares of the stock traded hands, compared to its average volume of 51,247. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.99. The company has a market cap of $3.80 billion, a price-to-earnings ratio of 14.80, a P/E/G ratio of 5.17 and a beta of 1.34. The firm's fifty day simple moving average is $78.67 and its 200 day simple moving average is $74.86. Grupo Aeroportuario del Centro Norte has a 12 month low of $50.23 and a 12 month high of $100.21.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB - Get Free Report) last released its earnings results on Thursday, February 22nd. The transportation company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.34 by $0.19. The business had revenue of $211.59 million during the quarter. Grupo Aeroportuario del Centro Norte had a net margin of 34.67% and a return on equity of 54.28%. As a group, research analysts predict that Grupo Aeroportuario del Centro Norte will post 5.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lifted their target price on Grupo Aeroportuario del Centro Norte from $79.00 to $94.00 and gave the stock a "buy" rating in a report on Friday, January 26th.

Grupo Aeroportuario del Centro Norte Company Profile

Grupo Aeroportuario del Centro Norte, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities.