Previous close | 36.40 |
Open | 36.26 |
Bid | 34.36 x 0 |
Ask | 38.02 x 0 |
Day's range | 35.84 - 36.64 |
52-week range | 26.69 - 37.86 |
Volume | |
Avg. volume | 1,009,515 |
Market cap | 27.103B |
Beta (5Y monthly) | 0.92 |
PE ratio (TTM) | 157.22 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.67 (2.38%) |
Ex-dividend date | 25 Oct 2023 |
1y target est | N/A |
Infrastructure giant Ferrovial said on Friday it had reached a new agreement with French private equity fund Ardian and Saudi Arabia's Public Investment Fund (PIF) to sell the bulk of its 25% stake in Heathrow airport while keeping 5.25%. Under the new agreement that also involves other sellers, Ardian and PIF will acquire 22.6% and 15% respectively of FGP Topco, which is the parent company of Heathrow Airport Holdings Ltd, for a total of 3.26 billion pounds ($4.13 billion). Under an initial agreement announced last year, Ferrovial would have disposed of its entire stake for 2.37 billion pounds, valuing the whole airport at 9.48 billion pounds.
Heathrow has been likened to a “Second World War” era airport by the boss of Emirates, who warned urgent investment was required to catch up with rivals.
Ferrovial SE (NASDAQ:FER) recently announced a dividend of $0.3 per share, payable on 2024-06-21, with the ex-dividend date set for 2024-05-20. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Ferrovial SE's dividend performance and assess its sustainability.