Corporación América Airports Announces Quarterly Dividend
Corporación América Airports (CAAP) has declared a quarterly dividend of $0.91 per share, with an implied forward yield of 15.83%. The payment is scheduled for September 10 to shareholders on record as of August 31, and the ex-dividend date will also be August 31. The announcement comes amid a backdrop where CAAP has outlined plans for a $150 million cash dividend in 2026. However, recent financial results show that while non-GAAP EPS came in at $0.48 as expected, revenue of $470.7 million fell short by $13.3 million. The company is navigating challenges related to capacity constraints in Argentina but continues to demonstrate strong operational execution.
Tickers: $CAAP
Topics: corporate finance dividends