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.
Could Australian Foundation Investment Co. Ltd. (ASX:AFI) be a great way to invest for the long-term in ASX shares?
The S&P/ASX 200 (ASX:XJO) suffered its worst day since February, falling 2.1% on the back of ongoing weakness in the commodity sector.
The Transurban Group (ASX: TCL) share price won’t be moving while the business raises $4.2 billion to purchase the remaining 49% stake in WestConnex.
The S&P/ASX 200 (ASX:XJO) added 0.3%, driven higher by an incredible rally in the lithium or ‘green energy’ sector.
It was a flat day for the S&P/ASX 200 (ASX:XJO) on Monday despite a positive start. Suncorp (ASX:SUN) and Transurban (ASX:TCL) are in the news.
FY21 distributions fell for toll road developer and operator Transurban Group (ASX: TCL) as on-off COVID-19 restrictions restricted mobility.
The S&P/ASX 200 (ASX:XJO) fell 0.3% on Thursday as Woolworths (ASX:WOW) and Endeavour (ASX:EDV) shares made headlines.
The Transurban Group (ASX:TCL) share price is on watch this morning after announcing its distribution to investors.
The Transurban Group (ASX:TCL) share price is being pushed higher after giving investors a presentation about its business.