Hi, I'm a novice, so tell me where I'm wrong. This is nothing new, just a feeling I've had for a long time.
WHY do companies go into debt to pay unsustainable dividends? Were I a shareholder, I would actually prefer the company retained at least some earnings per share!
Transurban's unsustainable dividends have caused a totally predictable credit rating cut for the company. Wouldn't the company be better off cutting its dividend enough to maintain a good credit rating?
This is not a remotely new issue. But I'm baffled by the "finance games" like this that companies play, and would like some crash-course explanation on the logic of such dividend payments.
This is only my second post here, so once again, please be kind in explaining "capitalism 101"
Hi, I'm a novice, so tell me where I'm wrong. This is nothing...
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Last
$13.65 |
Change
0.060(0.44%) |
Mkt cap ! $42.42B | |||
| Open | High | Low | Value | Volume |
| $13.62 | $13.70 | $13.56 | $43.67M | 3.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3914 | $13.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.66 | 2641 | 2 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| TCL (ASX) Chart |