Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Declares Dividend Increase – $5.73 Per Share

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) declared an annual dividend on Thursday, May 9th, Wall Street Journal reports. Stockholders 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 dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, May 28th. This is a boost 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

ASR opened at $347.48 on Friday. The company’s 50 day moving average is $318.49 and its 200 day moving average is $283.80. 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 company has a market cap of $10.42 billion, a price-to-earnings ratio of 16.43, a PEG ratio of 3.17 and a beta of 1.14. 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 issued its quarterly earnings results on Monday, February 26th. The transportation company reported $4.99 earnings per share for the quarter, missing the consensus estimate of $5.78 by ($0.79). Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a return on equity of 22.21% and a net margin of 40.21%. The business had revenue of $392.31 million for the quarter. On average, equities research analysts predict that Grupo Aeroportuario del Sureste, S. A. B. de C. V. will post 24.43 EPS for the current year.

Wall Street Analysts Forecast Growth

ASR has been the subject of several recent research reports. The Goldman Sachs Group raised Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “sell” rating to a “buy” rating and boosted their price target for the company from $274.00 to $326.00 in a report on Friday, January 26th. StockNews.com upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a research note on Tuesday, April 23rd. Finally, Barclays lowered shares of 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. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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.