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National Bank Financial Equities Analysts Increase Earnings Estimates for Brookfield Infrastructure Partners LP (TSE:BIP)

Defense World ·  Nov 7, 2022 15:42

Brookfield Infrastructure Partners LP (TSE:BIP – Get Rating) – National Bank Financial increased their FY2022 earnings per share estimates for shares of Brookfield Infrastructure Partners in a report issued on Thursday, November 3rd. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings of $3.70 per share for the year, up from their previous forecast of $3.43. National Bank Financial has a "Sector Perform Market Weight" rating on the stock.

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Brookfield Infrastructure Partners Stock Performance

Brookfield Infrastructure Partners Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Investors of record on Wednesday, November 30th will be given a $0.498 dividend. This represents a $1.99 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Tuesday, November 29th. This is a boost from Brookfield Infrastructure Partners's previous quarterly dividend of $0.46.

About Brookfield Infrastructure Partners

(Get Rating)

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.

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