Transurban Group Declares Interim Dividend of $0.29 (TCL)

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Transurban Group (ASX:TCL) announced a interim dividend on Wednesday, December 5th, MarketIndexAU reports. Stockholders of record on Friday, February 15th will be given a dividend of 0.29 per share on Friday, February 15th. This represents a dividend yield of 2.5%. The ex-dividend date is Friday, December 28th.

Shares of ASX:TCL traded up A$0.08 ($0.06) during midday trading on Wednesday, hitting A$11.61 ($8.23). The company had a trading volume of 6,134,087 shares, compared to its average volume of 5,520,000. Transurban Group has a 12 month low of A$10.74 ($7.62) and a 12 month high of A$13.44 ($9.53). The company has a debt-to-equity ratio of 234.20, a quick ratio of 0.69 and a current ratio of 0.82.

In other news, insider Louis Charlton 316,870 shares of the firm’s stock in a transaction dated Friday, October 19th.

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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.

Further Reading: Can individual investors take part in an IPO?

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