During the past 12 months, Transurban Group's average Dividends Per Share Growth Rate was 4.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 16.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 10.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 3.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Transurban Group was 56.90% per year. The lowest was -23.90% per year. And the median was 9.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Transurban Group (ASX:TCL) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Transurban Group Forward Dividend Yield % Related Terms
Transurban Group Forward Dividend Yield % Competitor Comparison
For the Infrastructure Operations subindustry, Transurban Group's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Transurban Group Forward Dividend Yield % vs Construction Industry
For the Construction industry and Industrials sector, Transurban Group's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Transurban Group's Forward Dividend Yield % falls into.
Transurban Group Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Transurban Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.340000
2025-12-30
2025-12-31
2026-02-24
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.330000
2025-06-27
2025-06-30
2025-08-22
Cash Dividend
semi-annually
AUD:AUD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Transurban Group's Forward Annual Dividend Yield (%) for Today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 4.49% mean?
Transurban Group (ASX:TCL) has a Forward Dividend Yield % of 4.49% as of Jun. 26, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Transurban Group and its competitors. According to the industry distribution chart, Transurban Group ranks #257 out of 995 companies in the Construction industry, placing it in the top 25.8%.
Is Transurban Group's Forward Dividend Yield % too high?
Transurban Group's current Forward Dividend Yield % is 4.49%. The Construction industry median Forward Dividend Yield % is 3.00. Transurban Group's value of 4.49% is 49.7% above this industry median. Based on the distribution chart, Transurban Group ranks #257 out of 995 companies in the Construction industry, which is above the industry midpoint. Overall, Transurban Group has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transurban Group's Forward Dividend Yield % compare to competitors?
According to the Construction industry distribution chart, Transurban Group ranks #257 out of 995 companies for Forward Dividend Yield %. This puts Transurban Group in the upper half of its industry. The industry median Forward Dividend Yield % is 3.00. Transurban Group's value of 4.49% is 49.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Construction company?
The median Forward Dividend Yield % among Construction companies is 3.00, based on 995 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transurban Group's current Forward Dividend Yield % of 4.49% is 49.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Transurban Group and its competitors. For the Construction industry, the median Forward Dividend Yield % is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transurban Group's current Forward Dividend Yield % is 4.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transurban Group stock overvalued right now?
Based on GuruFocus' analysis, Transurban Group (ASX:TCL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$13.47, compared to a current price of A$15.39 — trading 14.3% above its estimated fair value. The current Forward Dividend Yield % is 4.49% and 49.7% above the Construction industry median of 3.00. Transurban Group's overall GF Score™ is 75/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Transurban Group (ASX:TCL), the current Forward Dividend Yield % is 4.49% as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Transurban Group (ASX:TCL) Overvalued in 2026?
Based on GuruFocus' analysis, Transurban Group stock appears to be overvalued.
The current stock price of A$15.39 is trading 14.3% above its estimated GF Value™ of A$13.47.
GuruFocus considers Transurban Group to be Modestly Overvalued.
Key valuation signals for ASX:TCL:
Forward Dividend Yield %: 4.49%
GF Value™: A$13.47 vs. price of A$15.39 (14.3% above fair value)
Industry Position: 49.7% above the Construction median (#257 of 995)
No single metric tells the full story. See the ASX:TCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA, and Montreal, Canada. The weighted average concession life across the portfolio is about 25 years. Australian assets contribute around 90% of proportional revenue.
75GF Score
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Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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