Transurban (ASX:TCL) shares drop after update, announces distribution
Jaz Harrison
June 22, 2020
Transurban (ASX:TCL) shares are down 2.5% after giving the market
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 (ASX:TCL) shares are down 2.5% after giving the market
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