TCL announced a $1.9bn fully underwritten renounceable entitlement offer to
fund WestConnex & West Gate Tunnel Project in Melbourne.
We continue to see high single digit growth in dividends with FY18 guidance at $0.55, placing TCL on a forward yield of 4.8%
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TCL & SYD are current holdings in our ASX 50 model portfolio, following the recent Algo Engine buy signals.
