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

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC - Get 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 Price Performance

Shares of NYSE PAC traded down $2.02 during midday trading on Thursday, reaching $161.66. 28,061 shares of the stock traded hands, compared to its average volume of 52,628. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.13 and a quick ratio of 1.13. The stock has a market capitalization of $8.17 billion, a PE ratio of 14.43, a P/E/G ratio of 2.35 and a beta of 1.46. Grupo Aeroportuario del Pacífico has a one year low of $107.25 and a one year high of $197.31. The company's 50 day moving average is $172.91 and its 200 day moving average is $164.50.

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

About Grupo Aeroportuario del Pacífico

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.