Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.
OMABIndustrials · Stock · semiannual payer
Forward Yield
5.78%
Annual Dividend
$5.77
Payout Ratio
85%
5-Yr Growth
—
Ex-Date
May 26, 2026
Frequency
Semiannual
Summary
As of September 2026, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) yields 5.78% ($5.77 per share annually), with a blended fair-value estimate of $213.13 — +112% upside, so it screens as undervalued. Dividend safety grade: C (55/100). 3 years of dividend growth.
Is OMAB a good dividend stock?
MixedGrupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) pays a semiannual dividend yielding 5.78% ($5.77/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- 115% total price return over 5 years
Risks
- Cut its dividend in 2022
- Elevated payout ratio (85%)
Key Data
- Dividend Yield
- 5.78%
- Payout Ratio
- 85%
- Annual Dividend
- $5.77
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 26, 2026
- Years of Growth
- 3
- Frequency
- semiannual
- Beta
- 0.33
- Market Cap
- $4.8B
- P/E Ratio
- 15.0
- 5-Yr Total Return
- 115%
- 52-Week Range
- $95.69 – $134.99
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
OMAB Price — Last 12 Months
Daily close
Price Return
1 Year
-3%
3 Years
+16%
5 Years
+115%
52-Week Range
$95.69 – $134.99
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is OMAB worth?
Undervaluedlow confidenceOur blended fair-value estimate for Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. is $213.13 per share, versus a market price of $100.66. That implies 112% of upside — a margin of safety of about 53%.
Fair Value
$213.13
Current Price
$100.66
Upside
+112%
Margin of Safety
53%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 14.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 14.7% stage-1 growth, 2.5% terminal growth, $6.63 EPS, $5.77 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
OMAB Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 26, 2026 | — | $2.9160 | regular |
| Nov 26, 2025 | — | $2.5220 | regular |
| May 23, 2025 | — | $2.3500 | regular |
| Nov 19, 2024 | — | $2.1900 | regular |
| May 21, 2024 | — | $2.5960 | regular |
| Sep 18, 2023 | — | $0.6010 | regular |
| Jun 20, 2023 | — | $2.1260 | regular |
| Mar 2, 2023 | — | $1.6200 | regular |
| Jul 21, 2022 | — | $0.4940 | regular |
| May 20, 2022 | — | $1.8210 | regular |
| Jan 14, 2022 | — | $4.3740 | regular |
| Dec 10, 2021 | — | $1.9080 | regular |
| May 17, 2019 | — | $1.6860 | regular |
| May 30, 2018 | — | $1.6330 | regular |
Income Calculator
At $5.77 / yr per share
