TRAUF - Transurban: Growing Dividend Opportunity
The Stock
Transurban Group (TRAUF) is engaged in the development, financing, operation, and maintenance of toll roads networks. The stock price has dipped recently as global rates begin to rise and investors exit traditionally rate-sensitive infrastructure/income stocks; however, Transurban's management has proven their ability to continue both expanding their number of assets and increasing distribution payments while reducing rate sensitivity. As such, the recent falls provide investors with an opportunity to buy the stock on a dip.
(Source: Google Finance)
Fears over the slight decrease in Transurban's 1H18 free cash flow are