Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Announces Annual Dividend of $5.73

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) declared an annual dividend on Thursday, May 9th, Wall Street Journal reports. Shareholders of record on Tuesday, May 28th will be paid a dividend of 5.727 per share by the transportation company on Monday, June 10th. This represents a yield of 1.7%. The ex-dividend date is Friday, May 24th. This is an increase from Grupo Aeroportuario del Sureste, S. A. B. de C. V.’s previous annual dividend of $5.71.

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

Shares of ASR opened at $349.37 on Thursday. The company has a current ratio of 3.88, a quick ratio of 3.87 and a debt-to-equity ratio of 0.21. The stock has a market cap of $10.48 billion, a P/E ratio of 16.52, a PEG ratio of 1.55 and a beta of 1.14. The company has a 50-day moving average of $328.85 and a two-hundred day moving average of $292.79. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 12-month low of $165.00 and a 12-month high of $357.90.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) last posted its earnings results on Monday, April 22nd. The transportation company reported $6.21 EPS for the quarter. The business had revenue of $438.09 million for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a net margin of 40.21% and a return on equity of 22.21%. As a group, research analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 24.06 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ASR. StockNews.com raised shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a report on Tuesday, April 23rd. Barclays downgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from an “overweight” rating to an “equal weight” rating in a report on Wednesday, March 13th. Finally, The Goldman Sachs Group raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and raised their target price for the stock from $274.00 to $326.00 in a research report on Friday, January 26th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $274.00.

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

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.