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

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

Brookfield Infrastructure Partners Price Performance

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

Wall Street Analysts Forecast Growth

Separately, Cibc World Mkts raised Brookfield Infrastructure Partners to a “strong-buy” rating in a report 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.