Sydney Airport Holdings Pty Ltd (ASX:SYD) is the company that operates the Kingsford Smith Airport, it currently has a 99-year lease on the airport but it will revert back to government ownership at the end of this century. According to Sydney Airport, as of 2019, it generates around $31 billion in economic activity for Australia each year. That’s equivalent to more than 6% of the NSW economy.
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Sydney Airport (ASX:SYD) shares currently have a dividend yield of 5.05%. Are they a buy for dividend income?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.18% at lunch.
Sydney Airport Holdings Pty Ltd (ASX:SYD) has reported its FY18 result to the market this morning.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.19% on Wednesday.
Sydney Airport Holdings Pty Ltd (ASX:SYD) revealed its December 2018 passenger numbers today, with a 0.1% drop in total passengers when compared to December 2017.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX:XAO), is currently up 0.57% at lunch.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.76% on Thursday.
