Transurban Group (TCL) Announces $0.30 Final Dividend

Transurban Group (ASX:TCL) announced a final dividend on Wednesday, May 22nd, MarketIndexAU reports. Shareholders of record on Friday, August 9th will be given a dividend of 0.30 per share on Friday, August 9th. This represents a yield of 2.18%. The ex-dividend date is Thursday, June 27th.

ASX:TCL traded up A$0.04 ($0.03) during mid-day trading on Wednesday, hitting A$13.78 ($9.77). 5,541,870 shares of the company traded hands, compared to its average volume of 5,520,000. Transurban Group has a one year low of A$10.62 ($7.53) and a one year high of A$14.08 ($9.99). The company has a debt-to-equity ratio of 160.30, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a market capitalization of $36.87 billion and a PE ratio of 113.88.

In other news, insider Louis Charlton sold 500,000 shares of the business’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of A$12.94 ($9.18), for a total value of A$6,470,000.00 ($4,588,652.48). Also, insider Neil Chatfield sold 10,000 shares of the business’s stock in a transaction dated Friday, February 22nd. The shares were sold at an average price of A$12.57 ($8.91), for a total value of A$125,700.00 ($89,148.94).

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Transurban Group Company Profile

Transurban Group develops, operates, manages, maintains, and finances urban toll road networks. It holds interest in 13 roads in Sydney, Melbourne, and Brisbane, Australia; and 2 roads in the Greater Washington area, the United States, as well as 1 in Montreal, Canada. The company is headquartered in Docklands, Australia.

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