08-31-2023
AUD/share | |
Price | 13.26 |
Dividend | 0.58 |
Earnings | 0.33 |
Cash-flow | 0.57 |
Book value | 4.14 |
Equity | 4.34 |
Transurban Group is part of Industrial Transportation business, which is part of Industrials industry. Transurban Group is a company from Australia, and his stocks are publicly traded.
Transurban Group stock dividend
Transurban Group paid a total dividend of 1,787 million AUD last year, for a market value of 40,854 millions (Market Cap 40,811 millions). Transurban Group dividend per share is 0.58 AUD, and his stock market price 13.26 AUD.
According to the chart below, where dividend yield is displayed, Transurban Group has a dividend yield of 4.37%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Transurban Group stocks dividend with other Industrial Transportation companies or other of the highest Australia dividend stocks list.
Transurban Group Dividend Payout
About the ability of Transurban Group to maintain his current dividend of AUD 0.58 per share, an amount that accounts for 4.37%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Transurban Group payout on ernings is currently 175.76%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Transurban Group can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Transurban Group is AUD 0.57 per share, which is lower than the dividend per share paid by the company of AUD 0.58, so the company does not generate enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Transurban Group, compared againt world market average, Australia companies, Industrials industry and Industrial Transportation sector companies.
Transurban Group Dividend History
Below you will find a table with the historical evolution of Transurban Group's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | AUD | Paypout | Shares* |
Present | 4.37% | 0.58 | 175.76% | 3,081 |
2022 | 4.04% | 0.52 | 157.58% | 3,071 |
2021 | 2.49% | 0.34 | 23.94% | 3,042 |
2020 | 2.27% | 0.31 | 91.18% | 2,735 |
2019 | 4.09% | 0.61 | 156.41% | 2,711 |
2018 | 4.53% | 0.53 | 129.27% | 2,672 |
2017 | 4.38% | 0.54 | 150.00% | 2,219 |
2016 | 4.20% | 0.44 | 141.94% | 2,042 |
2015 | 3.85% | 0.40 | 235.29% | 1,915 |
*In millions
Then you can see the evolution of Transurban Group dividend stock, and compare it with the average of Australia stocks and that of the Industrial Transportation stocks.
Transurban Group Stock performance
Finally, last moth Transurban Group showed a return of -7.50% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -5.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Industrial Transportation firms.