Brookfield Infrastructure Partners LP (TSE:BIP) Plans Quarterly Dividend of $0.55

Brookfield Infrastructure Partners LP (TSE:BIP) announced a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Stockholders of record on Friday, November 29th will be given a dividend of 0.548 per share on Tuesday, December 31st. This represents a $2.19 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Friday, November 29th.

Brookfield Infrastructure Partners Price Performance

Brookfield Infrastructure Partners (TSE:BIP) last announced its quarterly earnings data on Wednesday, November 6th. The company reported C($0.25) earnings per share for the quarter, missing the consensus estimate of C$1.10 by C($1.35). The firm had revenue of C$7.19 billion during the quarter.

Wall Street Analyst Weigh In

Separately, Cibc World Mkts upgraded Brookfield Infrastructure Partners to a “strong-buy” rating in a research note on Friday, August 2nd.

Brookfield Infrastructure Partners Company Profile

Brookfield Infrastructure Partners is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data infrastructure sectors across North and South America, Asia Pacific and Europe. The Company is focused on assets that have contracted and regulated revenues that generate stable and predictable cash flows.