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#Dividend
stale
Added one year ago

Dividend payouts are continuing their upward trajectory again after crashing 50% from 2019 into 2020 thanks to the pandemic. A payout of $0.26 is still below 2019 numbers but is showing that traffic is normalising after a hectic couple of years.

Transurban has the ability to pass on price rises onto their tolls given their prices are tied to inflation which in my opinion makes them a solid investment in a high inflationary environment like the one we are currently experiencing.

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Valuation of $11.20
stale
Added 5 years ago
FY18 distribution of 56cps Targeting a 5% yield, and assuming growth of around 5% through a combination of rising traffic volumes and higher tolls
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Valuation of $13.35
stale
Added 5 years ago
In the absence of my own research of the financials I am monkeying the price target of a mainstream rating agency.
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