Auckland International Airport (OTCMKTS:AUKNY) Trading 3.4% Higher – Here’s Why

Shares of Auckland International Airport Limited (OTCMKTS:AUKNYGet Free Report) shot up 3.4% during mid-day trading on Thursday . The stock traded as high as $21.83 and last traded at $21.83. 750 shares changed hands during mid-day trading, an increase of 35% from the average session volume of 554 shares. The stock had previously closed at $21.11.

Auckland International Airport Price Performance

The stock has a 50 day moving average price of $21.88 and a 200-day moving average price of $22.58.

Auckland International Airport Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, October 11th. Investors of record on Friday, September 20th were paid a dividend of $0.0302 per share. This represents a yield of 1.62%. The ex-dividend date of this dividend was Thursday, September 19th. Auckland International Airport’s payout ratio is 60.72%.

About Auckland International Airport

(Get Free Report)

Auckland International Airport Limited provides airport facilities, supporting infrastructure, and aeronautical services in Auckland and New Zealand. The company operates through three segments: Aeronautical, Retail, and Property. The Aeronautical segment provides services that facilitate the movement of aircraft, passengers, and cargo, as well as utility services, which support the airport; and leases space for facilities, such as terminals.

See Also

Receive News & Ratings for Auckland International Airport Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Auckland International Airport and related companies with MarketBeat.com's FREE daily email newsletter.