Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR) To Go Ex-Dividend on May 27th

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) declared a special dividend on Tuesday, April 28th. Investors of record on Wednesday, May 27th will be paid a dividend of 5.7572 per share by the transportation company on Monday, June 8th. The ex-dividend date of this dividend is Wednesday, May 27th.

Grupo Aeroportuario del Sureste has a dividend payout ratio of 176.6% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Grupo Aeroportuario del Sureste to earn $23.92 per share next year, which means the company may not be able to cover its $43.01 annual dividend with an expected future payout ratio of 179.8%.

Grupo Aeroportuario del Sureste Price Performance

Shares of Grupo Aeroportuario del Sureste stock opened at $302.61 on Monday. Grupo Aeroportuario del Sureste has a one year low of $292.35 and a one year high of $381.52. The stock’s fifty day moving average is $323.00 and its 200 day moving average is $327.53. The stock has a market cap of $9.08 billion, a P/E ratio of 16.80, a P/E/G ratio of 3.44 and a beta of 0.49. The company has a debt-to-equity ratio of 0.58, a quick ratio of 3.01 and a current ratio of 3.03.

Grupo Aeroportuario del Sureste (NYSE:ASR) last announced its earnings results on Tuesday, March 31st. The transportation company reported $5.24 EPS for the quarter. Grupo Aeroportuario del Sureste had a return on equity of 22.93% and a net margin of 26.32%.The company had revenue of $495.15 million for the quarter. Sell-side analysts anticipate that Grupo Aeroportuario del Sureste will post 21.09 earnings per share for the current year.

Grupo Aeroportuario del Sureste Company Profile

Grupo Aeroportuario del Sureste, SAB. de C.V. (NYSE: ASR) is a leading airport operator in Mexico specializing in the development, operation and management of airports under long-term concession agreements. The company’s core business activities include the operation of passenger and cargo terminals, the administration of retail and service concessions, the provision of parking and ground-support services, and the implementation of security and maintenance programs.

ASR holds concession rights for nine airports across southeastern Mexico, including premier tourism hubs such as Cancún, Cozumel and Huatulco, as well as regional facilities in Mérida, Oaxaca, Veracruz and Minatitlán.