Transurban Group (ASX: TCL) has made a move into the country’s top 20-listed companies following a strong performance in its most recent half-year period.

The change comes as part of the quarterly S&P Dow Jones Indices review, in which it often moves a number of big-name companies in and out of various indices based partially on their share performances.

In this instance, Transurban has moved into the S&P/ASX 20 (Index: ^AXTL) (ASX: XTL) at the expense of Origin Energy Ltd (ASX: ORG), whose shares have been crushed over the last 18 months as a result of plummeting oil prices.

Transurban Group is the owner and operator of a number of major toll roads in both Australia and the United States. It’s a very capital intensive business, but it owns some of the most important infrastructure in both countries. The infrastructure is relied upon by thousands of commuters every day to save both time and money.

Although users of the roads mightn’t enjoy paying the tolls, they’re at least willing to do so in order to get to and from their destinations quicker.

The pricing power of Transurban is clear given that, with the exception of Brisbane, its proportional toll revenue grew at a faster pace than average daily traffic (ADT) figures in each of its cities, including Melbourne, Sydney and Northern Virginia, during the first-half of financial year 2016.

Notably, the company also increased its interim dividend by more than 15% to 22.5 cents per security. It’s trading on a partially franked dividend yield of about 4% currently and could be worth a closer look by long-term investors.

Discover the 'new breed' of blue chips that could take your portfolio higher in 2016

Forget BHP and Woolworths. These 3 "new breed" top blue chips for 2016 pay fully franked dividends and offer the very real prospect of significant capital appreciation. Click here to learn more.

The report is free! No credit card required.

HOT OFF THE PRESSES: Motley Fool’s #1 Dividend Pick for 2017!

With its shares up 155% in just the last five years, this ‘under the radar’ consumer favourite is both a hot growth stock AND our expert’s #1 dividend pick for 2017. Now we’re pulling back the curtain for you... And all you have to do to discover the name, code and a full analysis is enter your email below!

Simply enter your email now to receive your copy of our brand-new FREE report, “The Motley Fool’s Top Dividend Stock for 2017.”

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our https://www.fool.com.au/financial-services-guide">Financial Services Guide (FSG) for more information.

Motley Fool contributor Ryan Newman has no position in any stocks mentioned. Unless otherwise noted, the author does not have a position in any stocks mentioned by the author in the comments below. You can follow Ryan on Twitter @ASXvalueinvest.

The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.