Transurban Group (ASX:TCL) announced a interim dividend on Wednesday, December 5th, MarketIndexAU reports. Stockholders of record on Friday, February 15th will be paid a dividend of 0.29 per share on Friday, February 15th. This represents a dividend yield of 2.5%. The ex-dividend date is Friday, December 28th.
Shares of TCL stock traded up A$0.08 ($0.06) during trading hours on Wednesday, hitting A$11.61 ($8.23). 6,134,087 shares of the company were exchanged, compared to its average volume of 5,520,000. The company has a debt-to-equity ratio of 234.20, a quick ratio of 0.69 and a current ratio of 0.82. Transurban Group has a 52-week low of A$10.74 ($7.62) and a 52-week high of A$13.44 ($9.53).
In other news, insider Louis Charlton 316,870 shares of the stock in a transaction that occurred on Friday, October 19th.
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Transurban Group develops, operates, manages, maintains, and finances urban toll road networks. It holds interest in 13 roads in Sydney, Melbourne, and Brisbane, Australia; and 2 roads in the Greater Washington area, the United States, as well as 1 in Montreal, Canada. The company is headquartered in Docklands, Australia.
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