Transurban May Reach Crossroads on Dividend Growth -- Market Talk

Dow Jones
Aug 21

2158 GMT - Toll road owner Transurban's strategy is working, but for how long if it wants to keep raising dividends to shareholders at the current rate? That's the question pondered by Jefferies analyst Anthony Moulder. Transurban's forecast dividend of 69.0 Australian cents a share in FY 2026 was better than expected. Jefferies had forecast 68.5 Australian cents. Jefferies says Transurban has supplemented lower growth options with cost and productivity improvements. "While a key positive, the unknown is how long these initiatives can continue to deliver, before additional growth options are needed to maintain dividend growth of more than 5%," Jefferies says. It retains a hold call on Transurban's stock. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

August 20, 2025 17:58 ET (21:58 GMT)

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