Business
Here’s what the Transurban (ASX:TCL) dividend will look like in 2021
The Transurban Group (ASX: TCL) share price is pushing higher on Wednesday following the release of an update on its distribution plans.
In morning trade the toll road giant’s shares are up 0.5% to $13.95.
What did Transurban announce?
This morning the company revealed that a distribution totalling 15 cents per share will be paid to shareholders for the six months ending 31 December 2020 from the Transurban Holding Trust.
In addition, the company revealed that on this occasion, Transurban Holdings Limited will not be paying a dividend for the period, nor will there be any franking credits attached to its distributions.
This interim distribution is less than half of what the company paid in the same period last year. That…
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