It would be wrong to believe that concessions cannot be revoked. What a government gives, ie a concession to a toll road, a government can take away. It's also wrong to believe that dividends/distributions/pay-outs, call them what you will, are certain. Things can go wrong, it's part of the risk/reward judgement before parting with your money.
Depending on your circumstances a stock, like TCL, with tax deferred or capital return components in its distributions could be tax-wise advantageous.
News: TCL Transurban says March qtr average daily traffic rose 5.3 pct, page-10
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Last
$12.31 |
Change
-0.080(0.65%) |
Mkt cap ! $38.06B | |||
| Open | High | Low | Value | Volume |
| $12.41 | $12.48 | $12.23 | $48.86M | 3.967M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6499 | $12.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.32 | 28061 | 3 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| TCL (ASX) Chart |