Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB) to Issue Dividend of $2.52 on December 5th

Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB) announced a dividend on Wednesday, November 12th. Investors of record on Wednesday, November 26th will be given a dividend of 2.5219 per share by the transportation company on Friday, December 5th. This represents a yield of 481.0%. The ex-dividend date is Wednesday, November 26th.

Grupo Aeroportuario del Centro Norte has raised its dividend by an average of 0.2%per year over the last three years. Grupo Aeroportuario del Centro Norte has a payout ratio of 61.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Grupo Aeroportuario del Centro Norte to earn $5.75 per share next year, which means the company should continue to be able to cover its $4.43 annual dividend with an expected future payout ratio of 77.0%.

Grupo Aeroportuario del Centro Norte Trading Up 0.9%

Shares of NASDAQ:OMAB opened at $102.20 on Monday. Grupo Aeroportuario del Centro Norte has a twelve month low of $62.65 and a twelve month high of $116.25. The firm has a market cap of $4.35 billion, a P/E ratio of 18.09, a P/E/G ratio of 2.90 and a beta of 0.93. The company has a 50 day moving average of $103.58 and a 200-day moving average of $104.33. The company has a current ratio of 1.14, a quick ratio of 0.86 and a debt-to-equity ratio of 1.17.

Grupo Aeroportuario del Centro Norte Company Profile

Grupo Aeroportuario del Centro Norte, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities.