The Atlas Arteria Group (ASX: ALX) share price is in focus today following an update on the ongoing Dulles Greenway litigation, with the US District Court dismissing the 2024 rate case. Notably, recent legislative reforms have streamlined the regulatory process, offering more certainty for the company and its stakeholders.

What did Atlas Arteria report?

• The US District Court dismissed the Dulles Greenway 2024 rate case litigation against TRIP II.
• TRIP II is reviewing the decision and considering an appeal.
• Legislative reforms now allow for two-year toll applications and set defined timelines for regulatory decisions.
• The latest Dulles Greenway rate case, submitted in December 2025, continues as scheduled.

What else do investors need to know?

The dismissal relates directly to Atlas Arteria’s Dulles Greenway asset in the US, part of its portfolio spanning France, Germany, and the United States. Earlier this year, regulatory changes were enacted in Virginia that make toll application processes faster and more predictable, which could reduce costs and improve planning for the company.

Atlas Arteria remains active in engaging with the Commonwealth of Virginia, local governments, and communities to build and maintain positive partnerships. Its approach emphasises long-term stakeholder and shareholder value through constructive engagement and disciplined management.

What’s next for Atlas Arteria?

Atlas Arteria’s focus is now on evaluating legal options while working within the revised regulatory environment in Virginia. The latest toll rate application process is continuing, and management says it is progressing in line with schedules.

The company has reiterated its commitment to sustainable business practices and stakeholder value, signalling ongoing dialogue with authorities and communities across its global portfolio.

Atlas Arteria share price snapshot

Over the past 12 months, Atlas Arteria shares have remained flat, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 3% over the same period.

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The post Atlas Arteria reacts to Dulles Greenway litigation outcome appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Elevra Lithium Ltd (ASX: ELV) shares are in the spotlight on Monday.

In morning trade, the ASX lithium share is up by 5% to $10.04.

This compares to a solid performance from the ASX 200 index, which is up 0.5% at the time of writing.

Why is this ASX lithium share getting a lot of attention?

Investors have been buying the lithium miner’s shares following the release of a big update on its North American Lithium (NAL) operation.

According to the release, the ASX lithium share has reached a milestone in the expansion of the NAL operation with the official groundbreaking of the NAL Expansion Project.

It notes that the groundbreaking follows the successful completion of its May capital raise, which fully funded the NAL Expansion and strengthened its balance sheet to support execution of its staged growth strategy.

As part of ongoing project execution, equipment for the expansion has been ordered to enable the planned development timeline and reduce schedule risk.

This certainly could be worth the hard work. The company highlights that upon completion in mid 2027, Stage 1 of the NAL Expansion is expected to deliver a 15% to 20% increase in annual spodumene concentrate production capacity.

Importantly, it is also expected to result in a reduction in unit operating costs through improved scale and efficiency.

Furthermore, management believes that as North America seeks to strengthen domestic battery materials supply to reduce reliance on external sources, the NAL expansion will help by delivering increased supply of traceable and transparent lithium to the rapidly growing electric vehicle and energy storage markets.

Management commentary

The ASX lithium share’s managing director and CEO, Lucas Dow, was pleased with the news. He commented:

The groundbreaking of the NAL Expansion marks a milestone for Elevra and reflects the progress we have made since announcing our staged expansion strategy. With funding secured and equipment orders being placed, we are focused on disciplined execution to deliver Stage 1. This expansion will increase production capacity and further strengthen NAL’s position as a strategically important source of lithium supply in North America.

Elevra Lithium’s shares have been on fire over the past 12 months. Following today’s move, the company’s shares are now up almost 350% since this time last year.

That’s despite its shares trading almost 30% below their 52-week high of $14.06.

The post Which ASX share is racing 5% higher on big news? appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Investing for solid dividend yields can be a great strategy for some investors, and if you’re looking to follow this strategy, selecting companies with solid underlying businesses and a track record of performance is a good place to start.

Companies in infrastructure or with infrastructure-like qualities can be good investments as they tend to have businesses with a high barrier to entry and arguably good visibility of future revenues.

I’ve selected three companies which are currently paying dividend yields of better than 5% for you to consider.

AGL Energy Ltd (ASX: AGL)

AGL is one of the country’s major energy suppliers, with a market position which ensures it is likely to have a steady stream of income over the long-term barring unforeseen events.

That’s not to say the business does not have its challenges, with investing in the energy transition and managing energy supply and pricing all factoring into the company’s financial performance.

The stock is down 13.9% over the past year to $8.42.

Managing Director Damien Nicks told a recent conference that the company was expecting growing demand from the data centre sector in coming years as the emerging industry’s need for power doubled from current levels.

Mr Nicks said during the update that AGL expected underlying net profit to be $610-$680 million, tigthening the guidance from $580-$680 million.

AGL is currently paying a 5.81% trailing dividend yield with its next dividend payment scheduled for September.

APA Group Ltd (ASX: APA)

Another energy company here but this time in the gas pipeline game.

APA has performed quite well from a share price standpoint over the past year, adding 32.3% to be changing hands for $10.77.

That level is just higher than Macquarie’s price target for the company, which it recently pegged at $10.41.

Encouragingly Macquarie expects the APA dividend yield to grow from 5.7% this year to 5.9% by FY28.

One of the drivers for the company, Macquarie said, is the growth in data centre demand for power, and from the retirement of the nation’s coal fleet.

Macquarie said the federal gas reservation policy also creates incentives for energy companies to develop new gas fields, while adding that APA has improving balance sheet capacity.

Stockland (ASX: SGP)

Morgan Stanley analysts think there is upside to be had in Stockland’s share price, with a price target of $4.90 compared with the current price of $4.32.

The broker thinks there could be some residential settlements headwinds for the property development company following recent interest rate increases and changes to tax laws in the Federal Budget.

They say Stockland has in the past mitigated downturns with land selldowns or joint ventures, but say this might be far off at this stage.

They said:

We see limited scope for material land profits in FY27, as Kogarah/Waterloo/DCs all still require detailed planning, power, and/or tenant commitments. However, the FY28+ pipeline looks robust and could drive a higher weighting to development profits vs traditional resi over the next cycle.

Morgna Stanley is forecasting the Stockland dividend to stay steady at 25.2 cents out to FY28, which at the current share price is a 5.8% dividend yield.

The post Buy these 3 blue-chip shares for better than 5% dividend yields appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Apa Group. The Motley Fool Australia has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.