TRANSURBAN GROUP (TCL) EBITDA ahead of expectations, lifts distribution forecast

Bell Potter


TRANSURBAN GROUP (TCL) EBITDA ahead of expectations, lifts distribution forecast. Management has increased full year distribution expectations to 39.5cps (100% cash covered) compared to its previous guidance of 39.0cps, or a 2.6% increase to final dividend guidance. Today's share price reaction: Up 0.6% to $9.36 (10.21 am). Recommendation: Buy rating likely to be retained. Read more (VIEW LINK)

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

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