Grupo Aeroportuario Del Sureste SAB De CV Stock To Go Ex-dividend Tomorrow (ASR)

NEW YORK ( TheStreet) -- The ex-dividend date for Grupo Aeroportuario del Sureste SAB de CV (NYSE: ASR) is tomorrow, May 12, 2011. Owners of shares as of market close today will be eligible for a dividend of $2.55 per share. At a price of $63.35 as of 11:51 a.m. ET, the dividend yield is 4.2%.

The average volume for Grupo Aeroportuario del Sureste SAB de CV has been 102,600 shares per day over the past 30 days. Grupo Aeroportuario del Sureste SAB de CV has a market cap of $1.8 billion and is part of the services sector and transportation industry. Shares are up 10.2% year to date as of the previous trading day's close.

Grupo Aeroportuario del Sureste, S.A.B. de C.V., through its subsidiaries, holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company has a P/E ratio of 17.3, below the average transportation industry P/E ratio of 18.2 and below the S&P 500 P/E ratio of 17.7.
  • Practice your dividend trading strategies and win cash in our stock game.

TheStreet Ratings rates Grupo Aeroportuario del Sureste SAB de CV as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Grupo Aeroportuario del Sureste SAB de CV Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

Global Stocks Ease as Investors Focus on Dollar, Oil, Italy After US-China Truce

Global Stocks Ease as Investors Focus on Dollar, Oil, Italy After US-China Truce

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes