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.
The ASX 200 (ASX:XJO) is tipped to open higher on Wednesday. Insurance Australia Group (ASX:IAG) and Vocus (ASX:VOC) shares are making headlines.
There are a few really good ASX dividend shares available to Aussie investors in my opinion.
The S&P/ASX 200 (INDEXASX:XJO) is heading for a flat open on Friday. Telstra (ASX:TLS) and AMP Limited (ASX:AMP) shares are in the news.
The Transurban Group (ASX: TCL) share price may feel the pinch on the back of its HY21 results. But I think there’s more than meets the eye for this ASX share.
Road toll operator Transurban Group (ASX: TCL) had a strong finish to yesterday’s trading day, with shares up 4% to around $13.48 per share.
Could Transurban Group (ASX:TCL) shares be a recovery idea as an ASX dividend share?
The S&P/ASX 200 (INDEXASX:XJO) is heading for a flat open this morning. A2 Milk (ASX:A2M) and Transurban (ASX:TCL) shares are in the news.
Transurban Group (ASX:TCL) shares are up after announcing a $2.8 billion asset sale.
Despite the IAG (ASX: IAG) share price sitting around its 5-year low mark, here’s an ASX dividend share I’d prefer to invest in right now.
