Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) to Issue Dividend Increase – $3.87 Per Share

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PACGet Free Report) declared a semi-annual dividend on Tuesday, July 9th, Wall Street Journal reports. Stockholders of record on Monday, July 22nd will be given a dividend of 3.8657 per share by the transportation company on Friday, August 2nd. This represents a dividend yield of 4.7%. The ex-dividend date is Monday, July 22nd. This is a positive change from Grupo Aeroportuario del Pacífico’s previous semi-annual dividend of $2.09.

Grupo Aeroportuario del Pacífico Stock Performance

Shares of NYSE:PAC traded down $2.02 on Thursday, hitting $161.66. The company’s stock had a trading volume of 28,061 shares, compared to its average volume of 52,628. Grupo Aeroportuario del Pacífico has a 12 month low of $107.25 and a 12 month high of $197.31. The company has a market capitalization of $8.17 billion, a price-to-earnings ratio of 14.43, a price-to-earnings-growth ratio of 2.35 and a beta of 1.46. The stock’s 50-day moving average is $173.34 and its two-hundred day moving average is $164.52. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.13 and a current ratio of 1.13.

Grupo Aeroportuario del Pacífico (NYSE:PACGet Free Report) last released its quarterly earnings results on Monday, April 22nd. The transportation company reported $2.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.99 by ($0.11). Grupo Aeroportuario del Pacífico had a return on equity of 52.18% and a net margin of 29.12%. The business had revenue of $500.56 million during the quarter. On average, equities research analysts forecast that Grupo Aeroportuario del Pacífico will post 10.14 EPS for the current year.

About Grupo Aeroportuario del Pacífico

(Get Free Report)

Grupo Aeroportuario del Pacífico, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and manage airports in Mexico and Jamaica. The company operates twelve international airports in Guadalajara and Tijuana areas, Mexico; and two international airports in Montego Bay, Jamaica.

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Dividend History for Grupo Aeroportuario del Pacífico (NYSE:PAC)

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