TCL 0.46% $13.04 transurban group

Trump president, yields higher?

  1. 859 Posts.
    lightbulb Created with Sketch. 342
    So with Trump's first speech going well, bond yields increased dramatically overnight. This obviously isn't good news for TCL and SYD as they've been considered bond proxies for a while now.

    Looking at past data, the dividend yield for the last 10 years was around 5.5% prior to 2014, when it started decreasing to 4.5 and 4%.

    Management have indicated a full year dividend of around 50.5c, so based on a 5.5% yield, this values us at $9.18.

    Thoughts?
 
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