Auckland International Airport (OTCMKTS:AUKNY) Shares Down 14.8% – Here’s Why

Auckland International Airport Limited (OTCMKTS:AUKNY) shares dropped 14.8% during trading on Friday . The stock traded as low as $21.15 and last traded at $21.15. Approximately 417 shares were traded during trading, a decline of 65% from the average daily volume of 1,195 shares. The stock had previously closed at $24.82.

Auckland International Airport Stock Performance

The business’s fifty day moving average price is $23.00 and its two-hundred day moving average price is $23.04.

Auckland International Airport Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, October 10th. Shareholders of record on Friday, September 19th were issued a dividend of $0.0308 per share. This represents a yield of 160.0%. The ex-dividend date was Thursday, September 18th. 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.