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Transurban Group (ASX:TCL)

Transportation

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.  

Transurban Group (ASX:TCL) share price

Transurban Group (ASX:TCL) share price news

ASX Share Ideas
Luke Kennelly

4 ASX Shares For An Income Portfolio

Looking for the ASX’s best dividend shares? Consider BHP Group (ASX:BHP), National Australia Bank Ltd (ASX:NAB), Transurban Group (ASX:TCL) and Sydney Airport (ASX:SYD).

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