Auckland International Airport (OTCMKTS:AUKNY) Trading Down 1% – Here’s Why

Auckland International Airport Limited (OTCMKTS:AUKNY)’s share price fell 1% on Monday . The stock traded as low as $24.00 and last traded at $24.00. 299 shares were traded during mid-day trading, a decline of 85% from the average session volume of 1,961 shares. The stock had previously closed at $24.25.

Auckland International Airport Stock Down 1.0%

The firm’s 50 day moving average price is $23.12 and its two-hundred day moving average price is $22.57.

Auckland International Airport Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, April 11th. Stockholders of record on Thursday, March 20th were paid a $0.0232 dividend. The ex-dividend date of this dividend was Thursday, March 20th. Auckland International Airport’s dividend payout ratio (DPR) is 60.72%.

Auckland International Airport Company Profile

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.