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...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$14.50 |
Change
0.130(0.90%) |
Mkt cap ! $45.15B | |||
| Open | High | Low | Value | Volume |
| $14.50 | $14.59 | $14.43 | $50.92M | 3.509M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13348 | $14.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.54 | 18801 | 4 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| TCL (ASX) Chart |