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 (INDEXASX:XJO)(^AXJO) could be due for a big correction this year as it reached a recent high.
Transurban Group (ASX:TCL) has just declared its distribution to shareholders, is it a buy for income?
The listed investment company (LIC) industry is rising as investors celebrate keeping their franking credits.
The polls had been saying for months that Labor would win the Federal Election, but the surprise result could see investors respond on the ASX today.
Transurban Group (ASX:TCL) has long been a favourite for some investors who enjoy its stability and steady growth. But there’s one big risk this company faces.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 1.09% on Thursday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.52% at lunch.
Transurban Group (ASX:TCL) has reported its half year result to 31 December 2018.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.01% on Monday.
