It certainly didn’t hurt that House Democrats have agreed to support the revised U.S.-Mexico-Canada trade deal, and to put it to a vote before the end of this session of Congress on December 20.
But neither did Grupo Aeroportuario del Pacifico’s (PAC) preliminary report that total terminal passenger traffic at the company’s 14 airports climbed 10.1% year over year in November. Domestic passenger traffic increased by 7.5%, while international passenger traffic increased by 13.6%.
Shares were up 4.11% at the close today, December 10.
Grupo Aeroportuario del Pacifico is a member of my Dividend Portfolio. The shares are down 4.01% since I added them to the portfolio on June 10, 2019. They currently yield 4.35%.