4 Infrastructure and Industrial Stocks

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Looking at the infrastructure scenario across Australia in light of the planned investments, the following stocks in the domain have come into focus.

Transurban Group (ASX: TCL), the toll road developer and operator is an industrial sector stock. Lately, the group has been building up its digital capabilities for having intelligent transport systems. The company is led by Mr. Scott Charlton, and was seen to be trading at a market price of $11.790 with a daily price change of $0.120 or a percentage change of 1.028% as at July 27, 2018. The annual dividend yield for the stock is 4.75% franked at 8.93%, and a dividend of 28.00 cents with ex-dividend date of June 28, 2018 and dividend pay date of next month, August 10, 2018 has been noted. The most recent acquisition by the group has been that of A25 Bridge for a transaction value of $663.16 million completed on May 23, 2018. Transurban remains a contender to buy 51 percent of Sydney motorway WestConnex after submitting the final bid lately. TCL stock has slipped by 5% this year to date with some volatility prevailing with respect to the sentiments while average daily traffic performance has been decent.

Atlas Arteria (ASX: ALX) is another infrastructure stock that was trading at a market price of $6.550 and has seen a daily price change of 0.110 and a percentage change of 1.708% in positive as at July 27, 2018. The annual dividend yield for the stock is 3.36% which is not franked. The most recent declared dividend was of 12 c paid in April 2018. Until recently called Macquarie Atlas Roads Group, the Atlas Arteria has not been subjected to block trades. Thanks to the payment of a $90.3 million performance bonus in shares, Macquarie Group is back on Atlas Arteria’s share register. In terms of performance, the group’s 2Q 2018 toll revenue and traffic weighted average statistics rose up by 5.9% and 3.5%, respectively on the prior corresponding period.

Sydney Airport (ASX: SYD) was trading at a market price of $7.110 with a daily price change of $0.110 and a percentage change or a rise of 1.427% as at July 27, 2018. Over the past 1 year, the stock has seen a performance change of 2.75%. The annual dividend yield of the stock is 5.13% with the most recent dividend at 18.5c, with ex-dividend date of June 28, 2018 and dividend pay date of August 14, 2018. While there was a change of 2.1% in the YTD performance with YTD 17 number at 13,212 to YTD 18 number at 13,496 on the domestic front; on the international front, there was an increase of around 5% on both monthly and YTD performance numbers. The revenue in Australian dollars year on year grew by 8.70% from $1.36 billion to $1.48 billion, whereas the net income improved 9.01% from $320.90 million to $349.80 million.

Qube Holdings Limited (ASX: QUB) traded at a market price of $2.560 with a daily price change of $0.050 and a percentage change or a rise of 1.992% as at July 27, 2018. Over the past 1 year the stock has seen a performance change of -4.12%. The annual dividend yield of the stock is 2.15% which is fully franked with the most recent dividend at 2.7c, and the ex-dividend date was March 07, 2018 and dividend pay date was April 04, 2018. The most recent acquisition for the company was Maritime Container Services Pty Ltd with a transaction value of $77.00 million, and it got completed in Dec 22, 2017. The group recently made an unsolicited bid to buy Aurizon’s businesses in March, when it was announced that ACCC has strong concerns over the transaction, but Qube believed that if the Queensland intermodal business stays open, it could save Aurizon $40 million in redundancy and exit costs and made an offer in June 2018.

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