Transurban's interim distribution details

Transurban (ASX:TCL) has declared an interim distribution of 32.0 cents per stapled security for the six months ending 31 December 2024. The distribution will be paid by Transurban Holding Trust and its controlled entities. Transurban Holdings Limited and Transurban International Limited will not distribute dividends during this period. Tax deferral details for FY25 will be provided in August 2025.

Transurban's strategic outlook and distribution guidance

Transurban has announced an interim distribution of 32.0 cents per stapled security, reaffirming its FY25 distribution guidance of 65.0 cps. The company reports growth in Group Average Daily Traffic, with regional increases seen across Sydney, Melbourne, Brisbane, and North America. Transurban is in discussions with the NSW Government regarding toll reform and continues to explore strategic opportunities in new markets. The company's strategic focus remains on maintaining growth and exploring new avenues while respecting existing contracts.

Executive commentary on distribution and strategic initiatives

Transurban will operate a Distribution Reinvestment Plan (DRP) for this period's distribution, with no discount on the price of stapled securities issued under the DRP. The DRP pricing period spans 10 trading days starting 7 January 2025, with key dates for the distribution process outlined. Transurban reaffirms its FY25 distribution guidance of 65.0 cps, which includes the 32.0 cps distribution for the six months ending 31 December 2024.