Transurban Group (ASX:TCL) reports first-half results for the financial year 2020 and reported a growth of 2.3 per cent in average daily traffic.
- The proportional toll revenue increased by 8.6 per cent to stand at $1,396 million, while EBITDA surged by 9.5 per cent to stand at $1,094 million.
- The underlying cost grew by 2.0 per cent and suggested cost discipline and scale benefits of recent investments.
- TCL reiterated the FY20 distribution guidance of 62.0 cents a share.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.