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