A rare transport company for any political climate
Rail and bus companies are a hot topic as we head towards the most radical general election in a generation. But should we be writing off all the companies in the sector? Or are there some interesting yields on offer as investors panic about the political situation?
Bus and train operator Go-Ahead Group (LON: GOG) has been a byword of reliability for income investors. This £870m FTSE 250 firm has been listed on the stock market for 25 years and has never cut its dividend. Over the last 20 years, the payout has risen by 787%, from 11.5p to 102.1p per share.
Such a reliable performance may surprise readers who know the firm as the operator of the troubled Southern Rail and Govia…
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