Brookfield Infrastructure Partners LP (TSE:BIP – Get Rating) Director Sam Jb Pollock bought 6,000 shares of Brookfield Infrastructure Partners stock in a transaction dated Thursday, December 22nd. The stock was purchased at an average cost of C$42.54 per share, for a total transaction of C$255,240.00. Following the completion of the acquisition, the director now directly owns 41,390 shares of the company's stock, valued at approximately C$1,760,730.60.
Brookfield Infrastructure Partners Stock Performance
Get Brookfield Infrastructure Partners alerts: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. The ex-dividend date is Tuesday, November 29th. This represents a $1.99 annualized dividend and a yield of ∞. This is a positive change from Brookfield Infrastructure Partners's previous quarterly dividend of $0.46.
Wall Street Analyst Weigh In
Separately, National Bank Financial cut Brookfield Infrastructure Partners from an "outperfrom under weight" rating to a "sector perform market weight" rating in a report on Thursday, November 3rd.
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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