Grupo Aeroportuario del Pacifico declares dividends

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) (BMV:GAP) has announced it plans to pay the first portion of the an approved dividend from the account for net income pending allocation, of an amount equal to Ps. 4,307,743,840.00, the company said.

The dividend is equal to Ps. 7.62 ( per share. The dividend will be paid in the following manner:

i. Ps. 3.81 per share as of the payment date, to be distributed before August 31, 2018; and

ii. Ps. 3.81 per share as of the payment date, to be distributed before December 31, 2018.”

The first portion of the dividend equivalent to Ps. 3.81 per outstanding share will be paid on August 21, 2018. The dividend payment is equivalent to Ps. 2,002,442,834.00.

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico´s Pacific region. In April 2015 GAP acquired 100% of Desarrollo de Concesiones Aeroportuarias, S.L., which owns a majority stake of MBJ Airports Limited, a company operating the Sangster International Airport in Montego Bay, Jamaica.