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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 S&P/ASX 200 (ASX: XJO) finished the day trading at 7055.3, up 0.61%. Making ASX sharemarket news was Challenger Ltd (ASX:CGF), Transurban Group (ASX:TCL) and Northern Star Resources Ltd (ASX:NST).
Looking for ASX dividend share ideas to kickstart your portfolio leading into 2020?
Toll-road operator Atlas Arteria Group (ASX:ALX) has released its September quarter toll revenue and traffic statistics. Are Atlas Arteria shares a buy?
The RBA governor has suggested that the central bank may not cut interest rates further. What would this mean for ASX shares?
Good dividend shares should be well-established, safe and reliable. Here’s why I think it’s worth looking at shares of these three blue-chip ASX industrials.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.03% at lunch.
Is the Transurban Group (ASX:TCL) share price a buy after announcing its September 2019 quarter update.
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).
The Reserve Bank of Australia has just cut the official cash rate by 0.25% to a fresh record low of 0.75%.
