Copa Holdings, S.A. (NYSE:CPA) declared a quarterly dividend on Tuesday, November 7th, Zacks reports. Shareholders of record on Thursday, November 30th will be given a dividend of 0.75 per share by the transportation company on Friday, December 15th. This represents a $3.00 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date is Wednesday, November 29th.

Copa Holdings, has increased its dividend by an average of 11.8% annually over the last three years. Copa Holdings, has a payout ratio of 35.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Copa Holdings, to earn $9.92 per share next year, which means the company should continue to be able to cover its $3.00 annual dividend with an expected future payout ratio of 30.2%.

Copa Holdings, (CPA) opened at $134.87 on Friday. The stock has a market capitalization of $6,030.85, a PE ratio of 17.49, a price-to-earnings-growth ratio of 2.37 and a beta of 1.91. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.97 and a current ratio of 1.05. Copa Holdings, has a 12 month low of $87.69 and a 12 month high of $138.69.

Copa Holdings, (NYSE:CPA) last released its quarterly earnings results on Wednesday, November 8th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.06. The business had revenue of $657.17 million during the quarter, compared to the consensus estimate of $644.36 million. Copa Holdings, had a return on equity of 16.81% and a net margin of 14.88%. The company’s quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.30 EPS. equities research analysts expect that Copa Holdings, will post 8.6 earnings per share for the current fiscal year.

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A number of equities analysts have recently weighed in on CPA shares. BidaskClub downgraded Copa Holdings, from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th. Bank of America Corporation boosted their target price on Copa Holdings, from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, August 10th. UBS AG upgraded Copa Holdings, from a “neutral” rating to a “buy” rating in a research note on Thursday, November 9th. Stifel Nicolaus restated a “hold” rating and issued a $120.00 target price on shares of Copa Holdings, in a research note on Friday, August 11th. Finally, Zacks Investment Research downgraded Copa Holdings, from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Six equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Copa Holdings, presently has an average rating of “Buy” and a consensus price target of $129.69.

About Copa Holdings,

Copa Holdings, SA is a provider of airline passenger and cargo service through its principal operating subsidiaries, Compania Panamena de Aviacion, S. A. (Copa Airlines) and AeroRepublica, S. A. (Copa Colombia). The Company operates through air transportation segment. Copa Airlines operates from its position located in the Republic of Panama.

Dividend History for Copa Holdings, (NYSE:CPA)

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