Transurban Group (ASX:TCL) owns and operates 15 toll roads in Melbourne, Sydney, and the greater Washington area. Revenue growth is derived from traffic growth and their very own rivers of gold – inflation protected toll prices. CityLink in Melbourne is Transurban’s biggest asset, in 2018 this accounted for approximately 32% of their total toll revenue – working out to be about twice the size of the roads in Brisbane.
A couple of weeks ago, National Australia Bank Ltd (ASX:NAB) paid out its huge half yearly dividend.
Transurban Group (ASX:TCL) shares have been one of my core holdings since I can remember, and why wouldn’t it?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 1.91% at lunch.
Transurban Group (ASX:TCL) revealed that traffic continued to grow in its September 2018 quarterly report.
Hold on to your hats because here are the news headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Thursday morning.
Transurban Group (ASX:TCL) Australia’s largest toll road operator and owner today reported its 2018 financial year (FY18) results.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Tuesday morning.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Monday morning, with Ramsay Health Care Limited (ASX:RHC) European expansion in focus.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.32% at lunch.
