Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) declared a semiannual dividend on Monday, October 30th, Wall Street Journal reports. Investors of record on Monday, November 6th will be given a dividend of 1.491 per share by the transportation company on Friday, November 17th. This represents a yield of 3.13%. The ex-dividend date of this dividend is Friday, November 3rd.

Grupo Aeroportuario Del Pacifico, S.A. de C.V. has increased its dividend payment by an average of 1.1% per year over the last three years. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has a dividend payout ratio of 63.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Grupo Aeroportuario Del Pacifico, S.A. de C.V. to earn $4.78 per share next year, which means the company should continue to be able to cover its $2.68 annual dividend with an expected future payout ratio of 56.1%.

Several research analysts have commented on PAC shares. Zacks Investment Research lowered Grupo Aeroportuario Del Pacifico, S.A. de C.V. from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. Scotiabank raised Grupo Aeroportuario Del Pacifico, S.A. de C.V. from a “sector perform” rating to an “outperform” rating and raised their price objective for the company from $91.00 to $110.00 in a research report on Thursday, September 7th. Finally, BidaskClub lowered Grupo Aeroportuario Del Pacifico, S.A. de C.V. from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. Grupo Aeroportuario Del Pacifico, S.A. de C.V. has an average rating of “Hold” and a consensus price target of $109.00.

WARNING: “Grupo Aeroportuario Del Pacifico, S.A. de C.V. (PAC) To Go Ex-Dividend on November 3rd” was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this report on another domain, it was illegally copied and republished in violation of US and international copyright law. The legal version of this report can be viewed at https://theolympiareport.com/2017/11/02/grupo-aeroportuario-del-pacifico-s-a-de-c-v-pac-to-go-ex-dividend-on-november-3rd.html.

Grupo Aeroportuario Del Pacifico, S.A. de C.V. Company Profile

Grupo Aeroportuario del Pacifico, SAB. de C.V. is a holding company. The Company holds concessions to operate, maintain and develop approximately 10 international airports in the Pacific and Central regions of Mexico, and an international airport in Jamaica. The Company’s segments include Guadalajara, Tijuana, Puerto Vallarta, San Jose del Cabo, Montego Bay, Hermosillo, Bajio, Other Airports and Others Companies.

Dividend History for Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC)

Receive News & Ratings for Grupo Aeroportuario Del Pacifico S.A. de C.V. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Aeroportuario Del Pacifico S.A. de C.V. and related companies with Analyst Ratings Network's FREE daily email newsletter.