Transurban (ASX:TCL) cuts FY21 dividends as pandemic reduces movement
Lachlan Buur-Jensen
August 9, 2021
FY21 distributions fell for toll road developer and operator Transurban
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.
FY21 distributions fell for toll road developer and operator Transurban
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