A potential opportunity for income investors who are interested in high levels of current income.

We are likely to support the takeover as we believe it represents a fair price for shareholders.

The bid barely exceeds our fair value and is a 10% discount to net tangible asset value.

The postpandemic recovery continues. 

We expect increased cash payments to shareholders in the years ahead.

Transurban’s free cash flow rises and we confirm our distribution forecast.

While fairly valued income investors might want to consider this ASX share. 

AGL's recovery is well underway as stronger electricity prices give earnings a boost.  

We strongly agree with the board.