Business
One ASX infrastructure share to consider for dividend income today // Motley Fool Australia
When an investor mentions ‘infrastructure’ companies on the ASX, one’s mind might turn to companies like Transurban Group (ASX: TCL), the famed tollroad operator. Or perhaps Sydney Airport Holdings Pty Ltd (ASX: SYD), the eponymous company behind Sydney’s sole international airport. Infrastructure companies have (or at least used to have) a reputation for being amongst the ‘safest’ investments on the ASX. Sure, you probably weren’t going to get yourself a 10-bagger in this sector, but you would get a steady, inflation-resistant stream of income.
However, like most sectors, the coronavirus pandemic has wreaked havoc on this sector, and by extension, this reputation. Transurban suddenly wasn’t too defensive when we all…
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